@cam yes; the hay penny (half penny) used to exist in the US but was phased out long ago. When it did it had more buying power than the dime does today.
Notices by Seth A. Roby (tallama@mastodon.social)
-
Embed this notice
Seth A. Roby (tallama@mastodon.social)'s status on Wednesday, 29-Nov-2023 00:47:24 JST Seth A. Roby -
Embed this notice
Seth A. Roby (tallama@mastodon.social)'s status on Wednesday, 29-Nov-2023 00:47:22 JST Seth A. Roby @cam yes, but fintech uses fractional pennies already; no need for them to stop just because there’s not a physical coin to match the number in the database.
Worse: it actually costs more than 1¢ to make a penny!
More details:
https://en.m.wikipedia.org/wiki/Penny_debate_in_the_United_States