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re: Spinoff: When do you think we will do away with hard/paper currency in the US?

Posted on 4/18/16 at 12:51 pm to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 4/18/16 at 12:51 pm to
The paper currency will remain for the foreseeable future, but I think you'll see a growing movement to eliminate the $100 and $50 bills. We will get to the tipping point where the illegal uses of those denominations outweighs the legal uses and/or inconvenience of their elimination.

I don't think anyone will argue that large bills are the preferred method for drugs, money laundering, and tax evasion - the latter of which being the part the pisses me off the most.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124570 posts
Posted on 4/18/16 at 12:57 pm to
quote:

that large bills are the preferred method for drugs, money laundering, and tax evasion - the latter of which being the part the pisses me off the most.


That's retarded. Large bills are used to purchase high dollar things. If anything 20s are probably the most commonly used currency for illegal stuff
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