BREAKING: The US will stop putting new pennies into circulation by early next year.
Businesses will need to start rounding up or down to the nearest 5 cents, the US Treasury said in a statement.
A penny currently costs 4 cents to make.
Cutting production is set to save $56M/year.
Roughly 16¢ per person per year saved. Sorry 15¢ since we need to round to the nearest nickel now.
Truly all Americas problems are solved.
Australia did this before I was born. I've never seen a one of two cent piece younger than myself.
Oh yeah by the way USA does not use pennies y'all use cents, the metric unit of currency, 1 100th of a $
So bitcoiners are trying to move a decimal, and it's a whole big thing because we all want to get it right...
In fiat-land though, we can skip right ahead to "Everyone surely already knows how to round numbers up & down in increments of 5! LFG!!"
