A sock full of pennies nets you more than a fist full of dollars
All joking aside what good are pennies!? Very few people use them these days and I have it on good authority that only old people dig through their change purse for them. The rest of us pay with a sufficient bill and dump the resulting metal into a bin at home. I, personally, don’t even bother carrying cash anymore, Interact all the way.
Recently an advisory group suggested to the Canadian government to demonetize the penny and then shortly after the nickel. Immediately you wonder how a transaction would be completed that came to an unpayable amount. Other countries use a system called Swedish rounding which is a symmetrical system of rounding to the nearest available currency amount. It would be hard for merchants to fix the system always in their favor because the purchase of multiple items would come to an unpredictable value. I think it is a very good idea and would save the country millions of dollars in minting.
Take a look at the article yourself and let me know if you agree it is a good idea.
I still like pennies, one the few ways I “kick it old school”