[Vision2020] New American binary money
Kenneth Marcy
kmmos1 at frontier.com
Tue Dec 18 08:55:32 PST 2012
While thinking about other things, it just occurred to me that
American money could be improved by replacing the coins and bills with
binary-denominated amounts. There would be five coins, starting with a
two-penny coin, and each subsequent coin would be worth four times its
predecessor. So, 2 cents, 8 cents, 32 cents, 128 cents, and 512 cents.
The bills would follow a similar pattern, with 2, 8, 32, 128, and 512
dollar bills. And, yes, the value of the smallest bill is four times
the largest coin. Five coins and five bills should fit into the usual
cash register configurations for those who decline to do business with a
hand-wavy electronic device picking up a product bar code and then
extracting monetary bits from a customer account.
The idea of an almost five-dollar coin should make the vending
machine community perk up, and the idea of receiving a single-bill
compensation rate per week, and not being below the poverty level, is a
novelty not recently experienced in this country.
Ken
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