Which is it?!
This headline came up in my news feed, from a very dubious source so I decided to investigate.
Headline after headline, many from identical sources, about how Walmart and Bank of America are either going to stop taking $1 bills or keep accepting them. The headlines read like a FUD article and I refuse to click through to read the details.
I can’t find a reputable news source for this story so I’m assuming it’s fake news.
It shouldn’t be this easy to manipulate news feeds.
When the $1 coins were released, most stuff in vending machines were still within the cost of a dollar. Thought I’m not disagreeing with your comment. Coins, for the most part, are relegated to coin jars and aren’t really “spent” in the same way that bills are.
The problem is that coins generally are just so inconvenient. I only hold onto them for the rare occasion where I need to feed a meter.
Edit: This conversation reminded me of a great YouTube video on the subject of how the shape of money makes it useful