Base

sweet, now axe the nickel and dime too!

let’s keep phasing out the deadweight and move toward an onchain financial system where microtransactions don’t lose money by existing

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023.

The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 billion coins for circulation produced.

Penny (or 3 cents!) for your thoughts.

Sources:
https://t.co/Y5LlrpyA62

UPDATE: The Treasury Department has announced that they will stop putting new pennies into circulation by next year.

America

sweet, now axe the nickel and dime too!

let’s keep phasing out the deadweight and move toward an onchain financial system where microtransactions don’t lose money by existing

https://x.com/america/status/1925567633065132361?s=46