The only use of the penny is for scratch off cards, which means that the penny's main use is actually to help you lose money.
@KnakuanaRka5 жыл бұрын
Dr. Peopers I usually use quarters for that, the odd time we actually buy a ticket.
@wolfie__lol5 жыл бұрын
What if you need a penny cuz something you want costs 10.21 hmMMMMmMmMmmmMmMmMmMM 🤨 Edit: for the people who are still replying. It’s a joke
@pkhappy47295 жыл бұрын
ITS_NIGHT_WOLFIE then it would’ve rounded down
@tyxgamer35 жыл бұрын
@@wolfie__lol then I just use a $10 bill and a $1 bill.
@wolfie__lol5 жыл бұрын
@@tyxgamer3 but we still need pennies. No matter what a penny is money!
@polygondwanaland83904 жыл бұрын
Fun fact! In 2020, after another 9 years of inflation, the penny is 15% less valuable than when this video was made!
@makse104 жыл бұрын
DEATH TO PENNIES
@yukidoodle53474 жыл бұрын
@@coltongamez4675 why so negative?
@0wolfmoon4 жыл бұрын
@@yukidoodle5347 Shilling for the pennies?
@jimstanley_494 жыл бұрын
@@coltongamez4675 I'm not sure what "indormation" means, but you might think a little about how _all_ of your currency is being made worth less and less until it is worthless. About how putting money in savings is a poor investment because even with the meager interest it will earn, it still _loses_ value to inflation.
@mac49514 жыл бұрын
Ughhhhhhh. Thanks for making me more upset that it’s still around.
@shayleemurray73186 жыл бұрын
Seven years later and we still have the penny
@radioactiveseaotter6 жыл бұрын
Why did you come here?
@hj89706 жыл бұрын
No No no 6 years
@aidanlevy28416 жыл бұрын
just another way in which Canada is ever so slightly better :P
@Cont0rt6 жыл бұрын
Hehe WE never HAD PeNiEs! Did I spell that right I'm from NZ sooooo ya.
@Chloopa6 жыл бұрын
I live in canada no pennies here
@TheBelger992 жыл бұрын
Fun fact! In 2022, after another 11 years of inflation, the penny is 23% less valuable than when this video was made!
@YHDiamond2 жыл бұрын
Half of that inflation is the past year. Hmmm
@anderenaam30912 жыл бұрын
With 2% inflation per year it would be over 24% less buying power.
@anthonyspinozzi13122 жыл бұрын
@@YHDiamond funny how that works doesn't it? Rooting for Brandon!
@lunaticbz35942 жыл бұрын
Depending on when in 2022 you do the math the number will change a lot. 2% inflation target used to be hard to reach, now it's nearly impossible to get it back that low.
@professorcube51042 жыл бұрын
fun fact: the us is actually discontinuing pennies
@The.dudeinator4 жыл бұрын
As a kid I used to hate the fact that people were trying to rid themselves of pennies... and then I grew up and realized things cost more than a dollar
@alexcholagh83303 жыл бұрын
I still use pennies dimes nickels quarters and half dollars and dollar coins. Pennies still have power but not as much it did in the 1970s and early 1980s. There's few vending machines,lots and lots of charities,banks coinstars,mom and pop stores,some local candy bars that cost 50 cents you can use 50 or less pennies, business transactions and taxes that still rely on the pennies. There not entirely worthless plus they do help beat inflation and keep mom and pop stores open.
@mefit87253 жыл бұрын
@@alexcholagh8330 Imagine all this you just described... But with 5cents instead xd
@alexcholagh83303 жыл бұрын
@@mefit8725 if we switched to the 5 cents prices will go up because of greed when rounding alot of companies will raise price's instead of paying 1.25 your paying 1.45 if not more but as supply and demand increases it goes up over the years and less then 30 years the 5 cent will be somewhat useless like it's predecessor the penny because of the greed and inflation. The penny prevents such things by keeping the prices balanced and low based on competition if a candy bar is 1.25 one place will sell it 1.18 or 1.22 rather going up in prices based on high rounding.
@mefit87253 жыл бұрын
@@alexcholagh8330 That's just your speculation based on no facts. Even when cents stop being produced they will still be used. Several countries like New Zealand, Australia, Netherlands and Canada got rid of their 1cents with no economical catastrophy you're discribing. Ultimately, if people chose to, they could still use the single cents. But pumping out more and more of them just wastes money and time.
@alexcholagh83303 жыл бұрын
@@mefit8725 they raised prices and pays in Canada Europe and other countries. But in the United States the prices will go high cause of greed and it will hurt peoples pays
@just-mees3 жыл бұрын
Unironically seeing a trollface is like discovering an ancient artifact
@Champion919Games3 жыл бұрын
We do a mild amount of trolling
@ThunderDudeSki3 жыл бұрын
@@Champion919Games a smidgen of tomfoolery
@ButWhyMe...3 жыл бұрын
Time frame?
@theanomaly25873 жыл бұрын
@@ButWhyMe... 1:06
@ButWhyMe...3 жыл бұрын
@@theanomaly2587 Thanks~
@StarshadowMelody3 жыл бұрын
melt the pennies into a giant copper statue of lincoln. That way everyone's happy. Well, almost everyone.
@Darkestsheltz3 жыл бұрын
@@sonofsanto why?
@konfused13423 жыл бұрын
@@Darkestsheltz they wouldnt, they just wanted to comment something
@EhmedCousCous3 жыл бұрын
*zink
@slimsh8dy3 жыл бұрын
@@sonofsanto away down south in the land of traitors
@aidenweinstein96643 жыл бұрын
@@slimsh8dy rattle snakes and alligators!
@Beans2.2 жыл бұрын
Fun fact: you can also use pennies as a souvenir by putting them in one of those penny stampeders.
@TaliyahP2 жыл бұрын
I like how crushing a penny is legal, but melting it isn't
@randomfolk95452 жыл бұрын
@@TaliyahP you can do both, if you try to use as currency then, then thats a crime
@dylanoelrichs84232 жыл бұрын
@@YourChannel-r4v That is false. The penny will not stop the train.
@angryanchouart43842 жыл бұрын
done that
@EredediIsildur Жыл бұрын
You can also injure yourself by putting them in your nose Not talking from personal experience, maybe
@CaptainDoomsday3 жыл бұрын
Here in Canada, we got rid of pennies a while ago. Nothing's really changed. The only difference is that now dimes are the coins so small nobody bothers to pick them up.
@KasabianFan443 жыл бұрын
He made a video on Canada’s pennies too.
@wildec23 жыл бұрын
The thing I thought was bizarre about Canada was that noone uses the 50c, and the mint just gave up even trying to get people to use it. Wiki suggests that this might be because the majority of people think that its still made of silver and hoard it, but how could people be so wrong for so long?
@stephenkoebel39233 жыл бұрын
@@wildec2 I was about to comment that Canada doesn't have a 50c coin... However now I'm astounded I've never seen one.
@BBB_bbb_BBB3 жыл бұрын
I'm honestly of the opinion that if they get rid of our nickels and dimes I'd be happy. Whenever I get a coffee at Tim's or something I literally never take anything less than a quarter because I think they're more effort than they're worth.
@Ari-hc1vr3 жыл бұрын
@@BBB_bbb_BBB They almost literally are. It's less of a concern now though, since most people use cards. What with the pandemic and all.
@toastytoad81543 жыл бұрын
When I was in like 6th grade, we were shown this video in class.(obviously with the intent to teach us something) After school that day, I went home, watched this at least 2 more times for entertainment purposes, and proceeded to watch every CGP Grey video I could find. I will sub twice to make up for how I didn't all those years ago.
@ccibinel3 жыл бұрын
And I bet you learned more that stuck with you from a 5 minute youtube video than the rest of the school day. Modern public education is basically daycare. Even into grade 12 about 1/2 the time is useless busy work or useless things you wont remember 1 year later.
@sai-tc7wv3 жыл бұрын
@@ccibinel true
@dantesfootballreviews84643 жыл бұрын
@@ccibinel public education in most of the us is amazing. What matters most is what you make of it.
@Engieman9093 жыл бұрын
@@dantesfootballreviews8464 there are still many flaws in the system
@Ari-hc1vr3 жыл бұрын
That's how I found Kurzgesagt! I also convinced a teacher I was student aiding for to show a cgp grey video when I was in high school. Hopefully some of those kids sought out the channel later.
@MemesnShet5 жыл бұрын
Grey:Whats your little daugher’s name? Dad:Penny Grey: *robot scream*
@Ginrikuzuma5 жыл бұрын
@@ichijofestival2576 I guess the male equivalent would be if I called my son Nick or Nickolas as in a (nick)el isn't much better than a penny.
@leylandchan83345 жыл бұрын
Meh
@9nikola5 жыл бұрын
@@Ginrikuzuma No, that's the equivalent of someone being called Pen. The nickel equivalent of naming someone Penny is to name someone Nickel.
@00heyymill4 жыл бұрын
haaaha
@gareththompson27084 жыл бұрын
I have a friend who says that robots will kill us all not out of rebellion, but because they are doing exactly what we told them to do and we didn't fully understand all of the implications when we told them to do it. For example, we tell the robots to kill pennies, and they include everyone named Penny in that directive.
@MrAkantor1332 жыл бұрын
Some cool info! Ten years on, the penny now costs 2.1 cents to manufacture. On top of that too, the nickel costs 8.5 cents to make.
@cablefeed37385 ай бұрын
Yes, but I like the nickel I don't want everything rounded to the tenths position
@chartypeplays23963 жыл бұрын
So you're saying that instead of fixing our broken system, we made a sensible action illegal so we could keep using our old system? Yeah, that sounds like us.
@doodlebob55483 жыл бұрын
Us or the U.S
@doodlebob55483 жыл бұрын
@Aiden Charles Arthur Smawfield agreed
@JoshuaDowdUSBC3 жыл бұрын
@@doodlebob5548 both mean the same thing
@SomeOne-gm5md3 жыл бұрын
@@JoshuaDowdUSBC "us" as the word, or "us" as people who can't bother to get uppercase letters
@JoshuaDowdUSBC3 жыл бұрын
@@SomeOne-gm5md and in this context as I am assuming he is American would convey the exact same message.
@ZizoLeCalamar3 жыл бұрын
I'm a cashier in France. Believe him, the euro 1 cent coin really is ridiculously small. And I keep dropping em it's driving me nuts
@XeroOps3 жыл бұрын
Dutch child here. I feel u
@shxhebx20393 жыл бұрын
Tbh im from the balkans and i have seen a one cent coin once in my life
@CygnusLaboratorys20563 жыл бұрын
i live in Germany and i dunno the only time i had trouble with the 1 cent euro coin was when i was trying to throw snap them harder to do when the Projectile is smaller than the thumb finger print
@calebryan17163 жыл бұрын
I'm from Ireland and there's an endless stream of 1 2 and 5 cent coins just lying everywhere that no one could be bothered with
@CygnusLaboratorys20563 жыл бұрын
@@calebryan1716 xD its great throwing equipment then xD
@bacn_3 жыл бұрын
"That was the half cent. Seen one lately? Of course not." Me, a coin collector: *"you underestimate me, mortal."*
@coindog4322 жыл бұрын
me too!
@ChaimMosheZaltsman2 жыл бұрын
Mere mortals don’t understand the power of coin collectors
@danzjz39232 жыл бұрын
wait wait wait how much is the half penny worth?
@ChaimMosheZaltsman2 жыл бұрын
@@danzjz3923 depends on year, mintage, and condition
@bacn_2 жыл бұрын
@@danzjz3923 Like he said, it depends. But in lower condition, braided hair half cents (1840-1857) are worth $60+. With classic heads, (1809-1836) you could expect $80-$100 in the same condition. Draped busts (1800-1808) are $110+, and anything before 1800 could be worth upper hundreds to thousands. But there are many special coins that are worth WAY more the the aforementioned values.
@luizalves80712 жыл бұрын
The fact that there's someone out there that would advocate for the maintenance of the penny because it would be unpatriotic to stop producing a coin because a certain dude would stop being printed on said coin is absolutely bonkers to me. The US sure is a weird country
@TJStellmach2 жыл бұрын
We're pretty hard core with our veneration of dead presidents.
@googiegress2 жыл бұрын
Seems like the main advocate for keeping pennies is the company that sells the zinc blanks to the government.
@TaliyahP2 жыл бұрын
I was debating someone on Reddit about changing the Ontario flag from the Red Ensign because to them "it would be erasing our history" to change it. That backwards mindset exists everywhere.
@o7_AP2 жыл бұрын
Not to mention he's also on the 5 dollar bill
@Dimmiiee3 жыл бұрын
CGP Grey: Here's why we should get rid of the penny James: WRITE THAT DOWN... WRITE THAT DOWN
@eggboianimated14313 жыл бұрын
I finally see a oddones out comment
@thesomething15593 жыл бұрын
Someone watches odd one out and Charles the French!
@olim7463 жыл бұрын
@@thesomething1559 YES
@olim7463 жыл бұрын
@@thesomething1559 Cultured
@katiebelle43 жыл бұрын
@@thesomething1559 YESSSS!
@kenofjustice2124 жыл бұрын
I remember a long time ago, my high school chemistry teacher had us do an experiment that involved pennies, so he went to the bank to exchange a five dollar bill for five hundred pennies and he said it took him 10 minutes of explaining to the teller why he was doing this to get them.
@limaechonumismatics4 жыл бұрын
I can get over 25 dollars in CENTS without a weird thought
@acookie75482 жыл бұрын
was it a social experiment on the bank tellers? XD
@mxplixic2 жыл бұрын
Now they would just call the cops. 😀
@PLKartofel2 жыл бұрын
@@mxplixic why so?
@aaronTGP_37562 жыл бұрын
The teller: why are you getting all of these worthless coins? The teacher: I swear, it's for SCIENCE!
@morthostalisint17204 жыл бұрын
Imagine in like 200 years more when videos called "Death to Dollars" will be coming out....
@jamestheotherone7424 жыл бұрын
More like 20 years, or... considering current events, maybe 2.
@jayyang40194 жыл бұрын
@@jamestheotherone742 or a new currency like we see with zimbabwe
@ivankandella81034 жыл бұрын
And rise of bitcoin
@jamestheotherone7424 жыл бұрын
@@ivankandella8103 Unlikely. At least not in the form of BTC and its copycats, which are not viable currencies given their inherent volatility.
@mihailojovicevic55764 жыл бұрын
More like 50 years
@morgin26092 жыл бұрын
The only time I ever really cared about pennies was to save time because of how little they were worth. When I got out of high school I bounced around a couple fast food jobs until I was a manager at one of my jobs then I stuck around for a bit. I really got a handle of the customer service parts of the job early on into my working life. Most of those jobs I had I dealt with lobby and drive thru customers. Despite making low wages, I still kept pennies in my pocket for customers. Once in a while you bump into a customer whose total is 1 or 2 cents over an even dollar amount who just rounds up to the next dollar (for example their total; is 4.02 and they give you a 5 dollar bill). Pennies are useless enough where I can offer them out in that situation and save time for both me and the customer at practically no cost to me. Plus lots of people appreciate when you can hand them back a dollar bills instead of 3 quarters, 2 dimes, and 3 or 4 pennies.
@SuperNielsch2 жыл бұрын
In the Netherlands, when the total amount it 4.02 and the customer wants to pay by cash, the cashier will round the total down to 4.00 and give back 1 euro when the customers pays with a 5 euro bill.
@morgin26092 жыл бұрын
@@SuperNielsch Nice, I like that! Shoutouts to the Netherlands
@curtisliu10584 жыл бұрын
1:35 “try and pay 2000 pennies” Mr.beast: hold my car key
@remliqa4 жыл бұрын
Okay, I'll only hold it for you because I can scratch your car with that key.
@itsjake94444 жыл бұрын
Lmao
@joepro2054 жыл бұрын
Cash Register: uuuufggggghhhh
@Stre55ed14 жыл бұрын
@@joepro205 did you see the video which he bought a car with only pennies?
@coltongamez46754 жыл бұрын
Curtis Liu ok someone DM Mr.Beast for a new challenge idea...buying 10 cars with only PENNIES
@fabioandrade84764 жыл бұрын
Wait a second, in the US you only know how much you're going to pay when you're already at the register?! Absolutely barbaric.
@sparrowpelt20xx614 жыл бұрын
Each state has a different sales tax and different areas within a state can have a different sales tax. When you consider the fact there’s 50 states, it’s just too much for advertisers and companies to keep track of. Personally, I’ve never been bothered by it and no one I know has either.
@tacticality62994 жыл бұрын
@@sparrowpelt20xx61 At least here in Aus, the price tags on items aren't placed by the companies that produce them, but by the stores that are selling them, I suppose I understand advertisers struggling, but outside of voiced prices, it wouldn't be too hard to automatically update the price based on the state, and even with voiced prices, it would be pretty easy to just record a different line for each state; And i've only just looked this up, so you probably know better than me, but it seems there are only about a dozen different sales taxes across the US.
@TAPORZZ14 жыл бұрын
Exactly my thoughts... What the fck...?!
@JustScrapHD4 жыл бұрын
@@sparrowpelt20xx61 this sounds like a nice little excuse to hide true prices and make people buy more stuff to me
@sparrowpelt20xx614 жыл бұрын
Real Big Fish Let ask you something. How easy do you think it is to get most of the 50 states to agree on something? On one hand you have California that has a higher minimum wage but a higher sales tax (the other state like to make fun of them for that) and on the other hand you have states like New Hampshire with no statewide sales tax. There’s no way the federal government would or even could try to force the states to use the same tax rate. Plus, when you consider how taxes have played a part in our history. I think the federal government would be too scared to even try.
@abefaerber79942 жыл бұрын
as a person named Abe who still isn't convinced that the penny needs to die, that last line struck a VERY personal note
@Nixitur8 жыл бұрын
Huh, I didn't even know the US doesn't include sales tax in store prices. That's... completely insane. If I see a price tag, I want to be informed of _how much it will cost me_.
@scanjett8 жыл бұрын
ikr totally insane.
@AsDeft8 жыл бұрын
I just do it in my head...
@sion88 жыл бұрын
Brandon M. Bruursema Each state has its own tax policy so they have different percentages or none at all, so what is so hard with adding it to the prices?
@AsDeft8 жыл бұрын
sion8 Sure this may sound so simple to someone in a country with only one tax rate. The US is made of several stats that act as mini-countries with some of their own rules. The obvious reason is in your own paragraph. Things are constantly being shipped around state-to-state with set retail prices on boxes, labels and tags that cannot accommodate different tax rates. To even try to label everything with tax in mind is asinine, only small stores do it and only sometimes.
@sion88 жыл бұрын
Brandon M. Bruursema That is true, however most of the time when I shop, the shelf I pick the item I'm interest in from actually has the price on it, why can't this label on shelves have the full price on it? Mind you, I work at retail and know how often my coworkers change prices on different items on the sales floor at the store I work at which is almost weekly; the tax doesn't change weekly the offers for them do, yet I see no trouble at the register adding said state tax in along with the other products prices why do I have to calculate all of my products total price before I pay? In the state I live in I know for sure food doesn't have state tax but most everything else does and guess what in New York they have two different tax rate for different products and I can only guess which would be under one or the other or both tax rates.
@raybin68732 жыл бұрын
I increase the value of my pennies by over 1,000% by drilling 1/4" holes in them and use as washers on projects. The shiny copper looks very nice too.😁
@MikeV86522 жыл бұрын
I used to do that, but it's difficult to drill a round ¼" hole in the copper-coated zinc ones. The bit bounces around, and the hole ends up too large and somewhat triangular. 🙃
@mxplixic2 жыл бұрын
Once you drill through the copper coating the creamy zinc filling just rots away. 😀
@raybin68732 жыл бұрын
@@MikeV8652 your drill bit may need sharpening - the trick is to make sure the bit's point is on dead center...if not it'll do what you described. (Having a triangular shaped hole has been no issue for me) 😁👍
@SuperPupperDoggo2 жыл бұрын
FBI OPEN UP! YOU’RE UNDER ARREST FOR DEFACING US CURRENCY!
@cptant76102 жыл бұрын
The drill fatigue is probably worth more than the penny.
@SketchUT5 жыл бұрын
I was thinking “man why are all these dead meme pictures in here” Then I realized: This was from 7 almost 8 years ago. 2011 is 8 years ago. We’re almost a decade away from those dead memes that everyone remembers and hates.
@huntercorrales67945 жыл бұрын
Do u know da wae
@geluk_4255 жыл бұрын
Sketch UT very epic thank you spinel
@Riceboi-xc3nr5 жыл бұрын
Sketch UT what memes
@Jack_McRae2085 жыл бұрын
Good point spinel
@whorfianism49814 жыл бұрын
Oh, Spinel! Did you change your hair?!
@genericname47392 жыл бұрын
What would be kind of funny is that ironically abolishing the Penny would make it valuable. Older pennies like the Indian Head and Wheat pennies would rise more in value and the pennies after the wheat penny would start to gain in value. Similarly the Half Cent is actually not worth half a cent they can be from worthless , to thousands of dollars. The Penny would become more powerful if Discontinued than if it were to continue.
@oz_jones2 жыл бұрын
Mostly to collectors though. If it would be abolished, it wouldnt be legal tender
@hakanchunton8233 жыл бұрын
Tip: put all your coins into a self-checkout at somewhere like Walmart or King Soopers, especially late at night when you're not holding up a line.
@invalidchars3 жыл бұрын
Was looking for this comment.
@TheDeadOfNight373 жыл бұрын
Or just roll them and drop them off at the bank
@SkiDaBird2 жыл бұрын
@@TheDeadOfNight37 Don’t bother rolling. We have to crack them open anyway.
@fishoverlord2 жыл бұрын
@@SkiDaBird doesn't it at least make them quicker to count? just check if they fit the roll properly
@aaronlandry39342 жыл бұрын
I just use my spare change to get some fast food occasionally. Workers usually laugh it off and I get rid of my change. Win win
@dionysus9133 жыл бұрын
You could say... Pennies don’t make cents I’ll see myself out
@abhijayb36243 жыл бұрын
Why- Just Why...
@immasnarl2923 жыл бұрын
Death to Terrible Jokes
@miles8203 жыл бұрын
@@immasnarl292 no no he’s got a point (Unlike pennies
@vitoscalettagaming40073 жыл бұрын
@@miles820 *points to door*
@calamaribowl86833 жыл бұрын
Out
@moliesker4 жыл бұрын
3:01 “Thanks for not calling me Holland” LMAO
@thomassherwood50614 жыл бұрын
Me reading this: "wait until he sees the Holland video"
@PhiAce_04 жыл бұрын
Kudos to grey for calling it the netherlands and also translating it perfectly to dutch
@pimvanlith34734 жыл бұрын
Yay ummm tja uuhhh pff geef me een like als nederlands be- uhh nee ik ben niet zo laag pfffffff
@j0l.03 жыл бұрын
@@pimvanlith3473 im not from the netherlands but i understand a bit dutch :) now take my like ;)
@theramendutchman3 жыл бұрын
~ Sincerely, at least the entire population of 10 of the Dutch provinces
@ryzanmusic3293 Жыл бұрын
Fun fact: the United States has already phased out two other coins with presidents on them: the $1 coin (with Ike before they went to the Susan B. Anthony variation in 1979 and the Modern variation in 1999) and the $0.50 coin (they are still made with JFK, but you rarely see them in circulation). Getting rid of the penny wouldn't really be a bad thing since only collectors really care about them, and even then they care more about the older ones (pre 1982). So really there is no reason to keep the penny.
@urtechaltaccount65095 жыл бұрын
Theodd1souts teacher is one of the viewers
@00heyymill4 жыл бұрын
i agree
@cammyca5524 жыл бұрын
Twix FN yup
@diamondjoylove59624 жыл бұрын
@👁️ Bloody hell?!
@beep30384 жыл бұрын
Lol
@thepuffeduprabbit12214 жыл бұрын
yep
@meh23p7 жыл бұрын
This was the first CGP Grey video I ever watched. Five years later, and still nothing has happened.
@meh23p7 жыл бұрын
Maybe Donald Trump will make the penny go away? I don't know if he even has the power to do that, but he would be remembered for doing one good thing. :D
@gacebos89566 жыл бұрын
People are currently debating whether to keep the penny
@ninjaplayzyt39005 жыл бұрын
We keep pennies for Wishing wells. Wishing foutians. *A grave for our broken wishes.*
@flooffys4 жыл бұрын
the only other use is if you want to collect them and get a small amount of money ver a long period of time
@mowukamoon70242 жыл бұрын
…I have a classmate named Penny. We had a sub and we challenged him to guess all our names with his eyes closed. He did it pretty quickly, but then started struggling with her, everyone started screaming, “a coin with little value.” I can’t get it out of my head, help.
@MrOldPal5 жыл бұрын
Use of the pennies: Scratch cards Wishing wells Wishing fountains And penny engraving machines
@tracyblanchard76635 жыл бұрын
So scams, scams, scams, and scams. Just like the penny is to mint.
@thecrimsonaxe60374 жыл бұрын
Yep, it's so worthless that we use it as a throwaway coin.
@Aaron-ln3ht4 жыл бұрын
we won't get rid of the penny lol. also, 69, nice
@backup70334 жыл бұрын
Yeah but you can use use other coins for scratch cards
@susanaa.66924 жыл бұрын
The last one is so important
@titanictnt74764 жыл бұрын
CGP Grey: Why Americans should get rid of the Penny. Me, a Canadian: I'm 4 parallel universes ahead of you.
@beleata744 жыл бұрын
Well yes the time difference is almost 10 years, when the video was made Canada still used pennies and the fact that he made a video about Canada ditching the pennies about 4 months after this video.
@itskb28914 жыл бұрын
Australians crying in the distance with 6 forms of coins
@artificlallcla4 жыл бұрын
Penny*
@artificlallcla4 жыл бұрын
if u cant spell penny u arent at all 4 parallel universes ahead
@jameswalsh29214 жыл бұрын
Me, being an australian
@stanverspui26094 жыл бұрын
3:00 Translation: Thanks, you didn't call me Holland.
@theramendutchman3 жыл бұрын
Is it now time for the *G E K O L O N I S E E R D* comments?
@Cysfer3 жыл бұрын
This comment it stolen from one posed 6 months before it, I know because this appeared right under it with about the same thing.
@Orincaby3 жыл бұрын
@@Cysfer nobody cares
@wowok81963 жыл бұрын
@@Orincaby saying nobody cares to something copied is like not caring about someone who stole thousands of videos and is more popular than the original creators.
@Shinhwachangjo013 жыл бұрын
@@wowok8196 I disagree, comments take merely a minute to make. Videos, on the other hand, can take weeks to produce. So, that analogy really does not work.
@samfox19828 ай бұрын
Also, sales tax applies to some items and not others in grocery stores, so $20 dollars in groceries might cost $20, or it might cost more! Also, some regions will have higher sales tax than other regions! It's a wonderfully awful mess that you can't possibly learn all of!
@trevorclark79853 жыл бұрын
in my experience working at a gas station, pennies are generally used to get rid of other change. say something is 19.57: you give the cashier 20.02, so you get 45¢ back and not 43¢ so that your change is less coins. people don’t like carrying coins.
@stevencowan372 жыл бұрын
I tried to do this back when I actually did anything by cash, and I always got really weird looks from cashiers.
@Pheatan2 жыл бұрын
But you realise that system is only in place because pennies exist. Without pennies $19.57 would be rounded down to $19.55 or if you got rid of the 5¢ it would round up to $19.60.
@100percentSNAFU2 жыл бұрын
@@stevencowan37 Try giving a cashier under about 30 years old a 50 cent piece and their head will pretty much explode. Used one in a transaction and the young girl thought it was worth $2 and gave me back too much change. Yeah, the United States has never had a $2 coin.
@3DPT2 жыл бұрын
It's great you can do that math, most of us can't on site. It's also frustrating for the cashier to deal with when their use to changing whole bills during the day. Counting out at the end is a pain as well when we get handfuls of change from kids and karen's
@googiegress2 жыл бұрын
This is done by people who are bright enough to think.
@cosinev12658 жыл бұрын
This video is 4 years old and the US still has pennies :'(
@Vickymonswer3468 жыл бұрын
Videos like this might change people's minds, but not a government's.
@LighthouseIndustries8 жыл бұрын
+Josh ShyGuy that is also because the cost for a penny to be made has dropped since the video was made.
@LachiBoii8 жыл бұрын
Doesn't stop the pennies being virtually worthless in transactions.
@LighthouseIndustries8 жыл бұрын
true
@SomeGuyWhoPlaysGames3338 жыл бұрын
+dhodz hoddy Have enough people shown their desire to abolish the penny?
@AaronsMemes3 жыл бұрын
Wait, purchases in America don't include gst? Why is everything in America uneccesarily hard and confusing?
@xaviersaavedra74423 жыл бұрын
Because people don’t like change. Heh
@rainbowruler64533 жыл бұрын
Because we’re stubborn
@Draco137YT3 жыл бұрын
Different jurisdictions in the U.S. have different sales tax levels, and they change relatively frequently, so it's easier (in most settings) for merchants to just slap the taxes on at the end, especially in the era of online commerce.
@thetheory61593 жыл бұрын
@@Draco137YT it really isn't. A retailer only has to worry about local tax levels, and as a software engineer I can attest that it would be the matter of literally 2-3 hours (at most) of work to change a website to reflect taxation in the price based on the user's locality. This is just stubbornness.
@ff-qf1th3 жыл бұрын
@@thetheory6159 retailers probably also think that by showcasing a price as lower than it actually is, people are more likely to buy. I'm not sure how true this idea is, but I am sure that the thought that it *might* be true is probably enough to cause the retailers to not want to change.
@TheLordOfNothing10 ай бұрын
My father notoriously hates pennies and he says the only good they'll do are archaeologists in a few thousand years. So in his backyard (my childhood home) he dug a hole and buried handfuls of pennies.
@Nguyenzander4 жыл бұрын
Someone: * melts pennies * USA Government: I smell pennies!!
@jackgoodman69764 жыл бұрын
How did this not have a comment yet with this many likes?
@jimothy_2nd4 жыл бұрын
Pennies smell bad. Dont ask how I know
@leechyfruit44644 жыл бұрын
@@jimothy_2nd Fun fact: that's not the penny, that's your skin reacting to pennies.
@Hans59584 жыл бұрын
AAAAAAAAAAAAAAAAAAAAAA
@jimothy_2nd4 жыл бұрын
@@leechyfruit4464 cool thanks
@briand17425 жыл бұрын
"Have you seen of the half-cent coin?" Yea my dad gave me one and i still have i- "Of course you hadn't " Okay guess I'll die
@connorquick26505 жыл бұрын
You’re not allowed to see one.
@waffles62805 жыл бұрын
@@connorquick2650 Brian D is a threat that needs to be eliminated
@tonyhakston5365 жыл бұрын
Target eliminated.
@ruler_of_everything4 жыл бұрын
@@waffles6280 HE'S SEEN TOO MUCH
@zimnylech5274 жыл бұрын
You forgot to mention the Czech Republic that got rid of ALL of their lower denomination coins in 2008 for the exact reasons you listed. They used to have 10-haler, 20-haler, and 50-haler coins, comically tiny and weirdly lightweight coins made of aluminum. Now the lowest denomination is 1 crown (worth ~4 US cents).
@czechgop7631 Жыл бұрын
And with the bus fares being about 6 to 20 crowns it was, for a while, worth picking up even the lowest denomination of our coins
@rafaxd81782 жыл бұрын
So the solution is to create a massive deflation, so penny gain power again.
@Czstyx2 жыл бұрын
Genius solution
@cateatingpasta6840 Жыл бұрын
How the hell do we do that?
@tindoortailgator4 жыл бұрын
Seriously, the Penny Died in 1982 - When the Mint Stopped making Them with Real Copper.
@LeScratch893 жыл бұрын
The function of currency is facilitate trade, not to hold value. All metals have value because humans decide they do, not because they are inherently valuable, which makes them no different in this context.
@joakim89804 жыл бұрын
Omg i think i’ve actually forgotten the fact that 2011 was 9 years ago
@Orincaby3 жыл бұрын
@Jackson Hartley too*
@ggman.3 жыл бұрын
Now its 10 😳
@D4rkslider3 жыл бұрын
@@plazmaguy13yago9 yep
@wednotcar3 жыл бұрын
now 10 years ago
@morganreading11273 жыл бұрын
10 years now
@diamondcubez9 жыл бұрын
what, the tax isn't included in the price in the USA?
@RainAngel1119 жыл бұрын
Diamond Cubez it doesn't have to be. Some stores post the whole price but most don't because then it looks cheaper than it is.
@billybobbobbobbilly9 жыл бұрын
Diamond Cubez Every state has it's own sale's tax laws.
@anduzyn9 жыл бұрын
Diamond Cubez no, and things cost like $19.99 to make them look cheaper so the real price is tax on top of the advertised price which is always some ridiculous decimal
@daltonsilverman19749 жыл бұрын
Diamond Cubez well one of the problems is the US can't just make a consistent sale tax and everywhere you go its different
@remyllebeau779 жыл бұрын
Diamond Cubez And then for some reason gas always has tax included. Although it could be time consuming if it wasn't, and it would make people more aware of the outrageous taxes they are paying just for the "privilege" of mobility.
@quidprobro2 жыл бұрын
rip the old icon to this video
@Twyzan7 жыл бұрын
I don't see any of these comments saying the odd1sout brought them here, all I see is people complaining about those people
@junyaiwase6 жыл бұрын
and all i see are people like you complaining about those people
@darthmaul84656 жыл бұрын
Oh god not you type of people
@eggboy64916 жыл бұрын
You and I see differently
@smpark126 жыл бұрын
omg so true
@fleetox46766 жыл бұрын
Twyzan ikr and its annoying
@etiennesauvageau87795 жыл бұрын
I'm seeing this in 2019. Pennies seem to be on permanent life support.
@noemiej.marquis7324 жыл бұрын
2020 here. By the time the video was made, here's the list of countries that discontinued their penny denomination (or closest relative) : Belgium (2014), Italy (2018), Bahamas (2020), Canada (2012), Trinidad & Tobago (2018), Croatia (2012), Moldova (2017), Russia (2017), Ukraine (2018) Some countries are starting to phase out 5 cents. The heck are you doing, 'merica?
@just.r1ce4 жыл бұрын
@@noemiej.marquis732 listening to lobbyists
@bodacious124 жыл бұрын
Here in Chile we retired the 1 and 5 peso coins, leaving 10 as the smallest denomination (worth 1.5 us pennies) about a year ago. I'd love to see the 10 peso go as well, Scandinavian countries do great with their one krone coin (worth about 10 cents)
@golddropper27474 жыл бұрын
Je te connais bto
@Chonksta2 жыл бұрын
no more penny in 2023
@jgroenveld12689 жыл бұрын
If I was American, I would be more concerned about the fact that sale taxes isn't included in the sale price over the damn penny.
@HoubkneghteS9 жыл бұрын
Where do you live that doesn't have it? (I live in the US and I agree that it's really shitty. One time I went to a store to buy some snacks and stuff and I had enough money, but because sales tax isn't included in the price I had to put it all back)
@Foxion79 жыл бұрын
+Adam 9812 Anywhere in the world actually. There is no place who does it but the US
@TheGodWaffle9 жыл бұрын
+Henkie Henk Unfortunately it's not included in Canada either. :(
@thebigitchy8 жыл бұрын
I was actually surprised when I went to Japan from the states. They have two numbers written on their price tags, one before and one after tax. Since I didn't know the characters for tax included, I was confused.
@jgroenveld12688 жыл бұрын
+thebigitchy In most stores in New Zealand - we have one price tag but in places where they cater to commercial clients and even some domestic stores especially like hardware stores, they display them with and without sales taxes.
@quantuminfinity42602 жыл бұрын
The half Penny now has a comparative buying power of a quarter, a Nickle, and 3 pennies.
@tristantheoofer22 жыл бұрын
so 33 cents
@quantuminfinity42602 жыл бұрын
@@tristantheoofer2 Yep, But I figured it would be more interesting to show it as all of those coins being worth less. Apparently they will finally stop minting the Penny in 2023. But they will keep circulating for a while longer.
@sarahtutorials21196 жыл бұрын
96% of the comments complaining about theodd1sout 1%about the vid 2% from odd1sout 1% incorrect statistics like mine
@patrickkelly34866 жыл бұрын
He made a video some time back about how he gave a report on getting rid of pennies and he basically plagiarized CGP Grey.
@solo62546 жыл бұрын
Sarah Tutorials mom gay?
@joshuacarregamesandmore94236 жыл бұрын
patrick kelly I know
@Tomato13426 жыл бұрын
Sarah Tutorials Shut up these comments are unoriginal
@h0nks5046 жыл бұрын
*AHEM* 99%
@walterclements34335 жыл бұрын
1:35-1:42 unless your MrBeast
@AllTrickss5 жыл бұрын
It’s you’re but I still agree lol
@devvydoesstuff5 жыл бұрын
Lol
@pumpkintea41015 жыл бұрын
(I subbed becauee it reminded me of that Friends episode)
@eliasmireles32225 жыл бұрын
My man
@paulwilliams59605 жыл бұрын
You’re*
@Sarkeysmusic3 жыл бұрын
Fun fact: James public speaking teacher from his community college watched this video
@zachnado693 жыл бұрын
@Youssef hatem yes
@edohanma3 жыл бұрын
Who is James??
@arizz6203 жыл бұрын
Whos James?
@abcdefg56863 жыл бұрын
@@edohanma the odd one's out
@spit2u7443 жыл бұрын
@@edohanma the odd1s out, he mentioned this in his plagerism video
@calebthoburn52492 жыл бұрын
CGP Grey: The penny is worthless Ryan Trahan: Hold my beer
@Xelaria2 жыл бұрын
Until the “GREAT RESET” I not sure why I was being dramatic thier
@tyleryoakum5 жыл бұрын
For those of you wondering, the sentence at 3:01 translates to "Thanks for not calling me Holland".
@larsrutjens22294 жыл бұрын
Dankjewel
@TG_Sponge4 жыл бұрын
I love how this video is still relevant in 8 years
@ae1ae24 жыл бұрын
I'm deeply saddened at how this video is still relevant 8 years after it was made.
@syeungmin62044 жыл бұрын
more relevant.
@jaysonburke7993 жыл бұрын
The only use of the penny is for scratch off cards, which means that the penny's main use is actually to help you lose money.
@hongsengchan98552 жыл бұрын
@@coindog432 the comment was made at an older time
@chrisanthemum28 жыл бұрын
Penny didn't deserve this. She was at the wrong place at the wrong time. #RIP Pyrrah is a monster
@WolfHunner8 жыл бұрын
She's not half the girl she use to be. You can say she lost half her value ;)
@MrDylan21258 жыл бұрын
+Oompa Loompa Aron Dang it! I can't get away from my dang dirty emotions even reading the comments of a CGP Grey video. Why do you hurt me like this?
@chrisanthemum28 жыл бұрын
PrimevalDragon She was a robot.
@MrDylan21258 жыл бұрын
Oompa Loompa Aron Yes. A robot who also happened to have a soul. There's quite a difference.
@chrisanthemum28 жыл бұрын
PrimevalDragon Does she feel pain though?
@Tufhhuyy2 жыл бұрын
The only us coin currently in popular circulation that really makes sense anymore is the quarter. I'd be down to get rid of the penny, nickel, and dime and replace them with the half dollar and dollar coins
@Ultrox0079 жыл бұрын
Alright... I have an idea... Step 1: Ask the bank for money-rolls of pennies... Step 2: Melt them down (screw the law) Step 3: Sell the copper at a pawn shop for double what you spent. Step 4: Use copper profit to buy more pennies Step 5: Repeat until you're able to buy Bill Gates and Donald Trump.
@Inanedata9 жыл бұрын
oh, until the guy at the pawn shop realizes he's actually buying 97.5% nickel and only 2.5% copper (according to wikipedia). If you did actually attempt this you would have to shave the copper off of the penny and keep the two materials separate.
@mancheaseskrelpher84199 жыл бұрын
You are not the first person to think of this. Why do you think it is illegal?
@ATAATX9 жыл бұрын
Inanedata At 97.5% nickle, that would still make the penny more valuable than its face value. Think you may have meant 97.5% zinc.
@Ultrox0079 жыл бұрын
Inanedata who said I wasn't separating the copper and zinc and selling them both?
@pieluver12349 жыл бұрын
It doesn't matter what the composition of the penny is. The material itself is worth 1.8 cents per penny, so you would still be profitable if you sell the nickel on top of the copper.
@PlankTitan7 жыл бұрын
Guess who brought me to CGP Grey? My recommended section from watching Real Life Lore.
@jackhibbert347 жыл бұрын
LeGo TTitan Irish
@olle10417 жыл бұрын
95% People thought you were going to Say James/theodd1sout
@sfirro7 жыл бұрын
Omg same
@starwarsawakening82517 жыл бұрын
LeGo TTitan
@haileytaii7 жыл бұрын
LeGo TTitan same loL But I do watch theodd1sout
@isaacexposito45197 жыл бұрын
Wasn't it a fun time before theodd1sout made a video about this and now everyone is from there? Like who was here from 2014 or something.
@Guess-ky2ir7 жыл бұрын
Isaac Exposito, not really. Theodd1sout made a vid that basically brought awareness to this video. It has downfalls with people who just come here just because of the odd1sout, but it also is good because others from the odd1sout that actually has an interest in getting rid of the penny
@CanyonF7 жыл бұрын
CGP grey doesn't need your cartoon children
@natalie23287 жыл бұрын
Isaac Exposito I'm here from 2017 3 years later... I'm not that late... And I totally didn't come from -James- odd1sout heh... Heh...
@plagueknight80267 жыл бұрын
Then why are you here unless you just came to this video late. And by that logic you were late to the video too Also 2014 is still late. And maybe you did first watch it in 2014 but it didn't matter if you were late.
@MaxiMorales286 жыл бұрын
2011
@electroAM2 жыл бұрын
After over 10 years they finally listened! It only took the penny costing over 2x its value for them to agree.
@local-Pilot-452 жыл бұрын
When did this happen?
@electroAM2 жыл бұрын
@@local-Pilot-45 The US mint is going to stop making pennies in 2023
@georgy25964 жыл бұрын
The Odd Ones Out: time to plagiarize
@jusbox_073 жыл бұрын
Hahahahahahahahaha I've seen that video
@zachoman4203 жыл бұрын
69th like
@stephenkicinski67763 жыл бұрын
I've waited for this comment to pop up.
@sfsvaliantjelly85083 жыл бұрын
Yeah lol
@goosifyed97173 жыл бұрын
hes not plagerizing it, hes stealing it. (his words not mine)
@LaPetiteIris10 жыл бұрын
"...and a mystery coin that we'll get back to later." Effective hook is effective
@dasy2k14 жыл бұрын
We should let the US get rid of the penny bit only if they actually circulate 50¢ coins as widely as quarters
@stagdragon39783 жыл бұрын
they circulate dollar coins! I every now and again ask for dollar coins from the teller and they LOOOOVE handing those out.
@dasy2k13 жыл бұрын
@@stagdragon3978 I bet you pay in $2 bills when you can too!
@LegDayLas3 жыл бұрын
@@stagdragon3978 Eh, when I worked a cash register I was literally never paid with a dollar coin, but ok, I'm sure it's a common thing.
@stagdragon39783 жыл бұрын
@@LegDayLas well that's the sad part, a lot of people don't realize that you can just get them from the bank teller. They're trying to put them into circulation but normally people don't ask for them or get confused when they're handed coins instead of bills.
@Icedragon4813 жыл бұрын
@@stagdragon3978 Halves are still very much in circulation as well.
@darthutah66492 жыл бұрын
Odd1sout: Mindi f I copy your homework? CGP: K, don't make it too obvious
@scowell8 жыл бұрын
I know! We need a... giant... copper... John Wilkes Booth!
@alexanderilthari93288 жыл бұрын
You made me laugh out loud, have a like
@Richard_Nickerson5 жыл бұрын
1.8 cents to make one 1 cent coin in 2011... That number is now 2.15 cents to make one 1 cent coin! It costs twice as much to MAKE a penny as the value of the penny! Let's get rid of pennies!
@platullama61805 жыл бұрын
Agreed!!!
@criticalthinker67365 жыл бұрын
Better yet, let's get rid of money altogether: kzbin.info/www/bejne/gaHLiKaknb9nd8km52s
@the_really_tired_one5 жыл бұрын
Critical Thinker Fiat currency? Fine. Anything else? Nah.
@JohnSmith-lr6kf8 жыл бұрын
1:45 wait wait wait HOLD ON! You Americansdon't include the sales taxes in the prices??? What kind of bullshit is that?!?
@AdamOrtonProductions8 жыл бұрын
Also, non-profit organizations don't have to pay a sales tax. So the system could 'in theory' get pretty complicated. If all items are posted with tax. Not to mention the differences in local sales tax vs state sales tax vs the amount the Federal Govt levies. And some states don't tax clothing or food, while others might. It may seem complicated, but it is actually a well thought process that helps keep sales in respective states and so on.
@fossilfighters1018 жыл бұрын
+
@Javin123458 жыл бұрын
it's like that is most Canadian stores as well
@star3catcherSEQUEL8 жыл бұрын
Because we always have to do things the hard way.
@spencerdias24178 жыл бұрын
Depends if you have sales tax of course.
@larrytilgroy1235 Жыл бұрын
Ah, so this is the video TheOdd1sOut plagiarised
@luciewhale9 жыл бұрын
This video makes so much cents. I'm good at bad puns.
@astavie29209 жыл бұрын
+luciewhale *BADUM TSS*
@elsasslotharingen75078 жыл бұрын
+luciewhale Oh, why, my punnies are as bad as yours, and no one truly understands.
@crown-princesquirrel97198 жыл бұрын
Gabriel Barreto You are a Burrito master
@Csk-zk7qz8 жыл бұрын
Lo
@elchungo50266 жыл бұрын
luciewhale that was punderful
@mranderson22155 жыл бұрын
Things are so much easier in Canada now that the penny has been retire. (I know this is really old I just wanted to say)
@gozmil11235 жыл бұрын
I can’t believe how lucky it is that I decided to watch those video just a day after you posted this comment
@tomjackal57085 жыл бұрын
yeah it's pretty great
@jasondeeprose31614 жыл бұрын
I know
@tomjackal57084 жыл бұрын
Still have nickels and dimes though, and using those for bus fare (the smallest payments I make) is pretty awful
@naverilllang4 жыл бұрын
As an American, I keep around a couple Canadian pennies for the shits and giggles, mainly because they'd be pretty hard to replace now.
@Krackerlack6 жыл бұрын
TheOdd1sOut: IT'S FREE REAL ESTATE
@douglaspantz6 жыл бұрын
Scooty789 Goddammit Its A Meme, Now.
@jaygray52175 жыл бұрын
odd1sout rules
@tania.mahinalani5 жыл бұрын
Its free cat estate
@arcticfox2271 Жыл бұрын
I accidentaly threw away like 15 pennies and seeing this makes me feel better about
@sykeassai3 жыл бұрын
Here in the UK around 10 (ish) years ago my uncle and family came over from Australia and they briefly explained how life was easier without single pennies. it makes perfectly logical sense. whenever I get small coinage I just end up saving it up and going to the bank every once in a while either to convert it up to whole pound coins or to deposit it into my bank. The largest coin I keep of any value is 20p coins. Simply because it is not usually worth the effort to carry around anything smaller.
@yfrufeyfryd21293 жыл бұрын
When I was young I wondered why the 1cent was discontinued in my country when it was widely used a long time ago. After visiting the US I understood why. It just end up pilling while still not being able to buy anything with it.
@redbrixanimations6 жыл бұрын
How about we remove everything but the 100 dollar bill. It will make it easier for me to sell lemonade
@podey48045 жыл бұрын
half a cup =100$ a full cup equals 200$
@srenmiller66905 жыл бұрын
LOOOOOOOOOOOOOOOOOL
@CherubiJubell5 жыл бұрын
No. Next suggestion.
@user-ee4fh1ig1m5 жыл бұрын
Grant Wendl No matter how big the numbers are they‘re still worth the same amount. And this was a waste of time.
@wyatt-mv6pd5 жыл бұрын
@Balint's World Ik, so there would be no point lol
@gutsfeliz21502 жыл бұрын
Amazing how a 10 years old video seems so new, from the imagem quality to the way he speaks
@holdencovington1518 жыл бұрын
Liked just for the "everyone loves Lincoln except the south" joke. I'm a southerner, and that's the most real thing I've heard all day
@holdencovington1518 жыл бұрын
+William Weatherford lol that's the region I live in.
@theblueadventurer6157 жыл бұрын
If you're a Texan, they mostly love Lincoln. Georgians, Alabamans, and Kentuckians seem to hate him.
@efarr23857 жыл бұрын
Ikr!
@holdenells7 жыл бұрын
I live in Georgia, and everyone I know likes Lincoln. The Southern schools don't teach us to hate him, you know. Us southerns don't all have that horrible accent and are stupid. Yes, I do believe they should keep the Confederate flag, but I have never met someone who didn't like Lincoln.
@RodrigoTheHappyDog9 жыл бұрын
Here in New Zealand, we've even ditched the 5 cent coin. Now we round to the nearest 10 cents. Much more convenient.
@KK426LH9 жыл бұрын
Rodrigo the Happy Dog I'm a Finn, and I would very much like to ditch the 5 cent coin, it's totally useless. I have hundreds of 5 cent coins that I don't use.
@thefremddingeguy60589 жыл бұрын
+Rodrigo the Happy Dog Tell New Zealand I said good job :) I live in the U.S. by the way, and I agree that I think they should get rid of the penny.
@Ngamotu838 жыл бұрын
We in New Zealand, got rid of not just our 1 cent coin, but also the 2 cent coin, and the 5 cent coin. And using Swedish rounding, nothing has been lost.
@LachiBoii8 жыл бұрын
We Aussies aren't that far behind you guys now, the mint is expecting to kill the 5 cent coin within the next few years.
@Ngamotu838 жыл бұрын
***** It's an expression we use in New Zealand. en.wikipedia.org/wiki/Cash_rounding
@mika26668 жыл бұрын
+Michael Gibb we in the netherlands got rid of our 2 cent coin, 5 cent coins are handy :)
@Snaake428 жыл бұрын
+Michael Gibb +Mikat: the video mentions Finland & The Netherlands just ditching the 1-cent coin, but actually neither took the 2-cent coin into regular production either (source: I'm Finnish, Mikat commented for NL). Small batches were initially made for collecting and for completeness' sake, and 1- and 2-cent coins from other countries are legal tender but not very common. All cash payments are rounded to the nearest 5 cents. Prior to the Euro, Finland's smallest coin was 5 pennies, then 10 pennies. I think back then you really didn't even see any consumer prices listed right down to 1 penny value, rather e.g. 99 or 99,95 (the latter got more common with the Euro). I remember buying candy e.g. 1 gummy bear was 5 pennies. 1 euro cent (or 1 Euro) was/is defined as a bit under 6 pennies (or Finnish Marks), so we actually got rid of two "steps" of coins during the transition, but retained the same smallest unit being 1/20th of the basic unit (Marks/Euros).
@gaevlos12812 жыл бұрын
When somebody asks me about those gums that have been in my car for years, ''Ye Olde Mint''
@zackgodby45028 жыл бұрын
When you're a coin collector and you have seen a half cent recently
@EJAG4047 жыл бұрын
Zack Godby try a quarter penny: I cut a penny into 4 pieces.
@jordanthomas43794 жыл бұрын
The smallest denomination of hard currency we use in Australia is the 5 cent piece, no machine will take them and most of us agree that if you drop one on the ground it certainly isn’t worth your time to pick it up, imagine what we would do with pennies.
@descant16695 жыл бұрын
Nobody: Me: *Death Pennylty*
@Phoenix_The_HeroHater4 жыл бұрын
DESCANT we need the death penalty now!!!!!Not later,now!!!!!!!!!
@bigdanslivestreams40604 жыл бұрын
Bdum-ch!🤦🤦😂😂😂
@calico68884 жыл бұрын
YES
@takashi.mizuiro4 жыл бұрын
lol
@snotvlek47212 жыл бұрын
Thank you CGP for calling the Netherlands the Netherlands and not Holland, greatly appreciate it
@arnavj.39272 жыл бұрын
He has a whole video on the difference between Holland and the Netherlands.
@xiaoxiao019 жыл бұрын
some German stores have found a nice penny jar like solution. in those stores you can just tell the cashier to "round it up please", they just press a button on the screen and the machine automatically rounds up to the next 5 cents, the money goes to a charity and you dont have to fiddle with those horrible horrible coins :)
@philv25299 жыл бұрын
If they did that in America it would be the same except they wouldn't give it to charity, the store would keep it as profit.
@xiaoxiao019 жыл бұрын
xD
@SomeGuy-hh7te9 жыл бұрын
Phil V The sad thing is, you're probably not wrong.
@PABWECG9 жыл бұрын
Sir Zoidberg Working Assets (a U.S. company that provides awesome phone, internet, and credit card services) does this, too!
@xiaoxiao019 жыл бұрын
***** yeah, in europe we dont really have to much money left after taking in thousand upon thousands of refugees.... mostly from your wars... thanks... thanks usa, thanks to you thousand of children are dead, thanks to you thousand of families are split, thanks to you people in the middle east have to live in fear every day... thanks usa... thanks for donating your bombs
@Mr_Mimestamp5 жыл бұрын
I can’t say anything. I can’t say that I’m from theodd1sout because everyone already is saying that. I can’t say that I’m not from theodd1sout because everyone is already saying that. I can’t say that those people are annoying because everyone is already saying that. I can’t even say that the people who say that the people who are here from James are annoying are annoying because people are already saying that. This comment is probably already somewhere too. I don’t know what to do.
@samarthsoni42675 жыл бұрын
Add a couple more phrases maybe😂
@ABC-mw6fq5 жыл бұрын
Nathan L I did that beachside you said that
@meaningfuls30645 жыл бұрын
Welp you got yourself a comment boy
@stockholder425 жыл бұрын
: |
@izlosthope24125 жыл бұрын
Make a comment about the video?
@overcookedwater19473 жыл бұрын
People named Penny: *[Heavy sweating]*
@Tjalve702 жыл бұрын
In Norway, we have removed coins worth under roughly 10 US cent. And in my opinion, we can just as well remove the coin worth about 10 cent as well, and be left with the 50 cent coin as our smallest coin. I mean, who uses cash anyway?
@armanmahmood97833 жыл бұрын
Cgp grey: Try buying a car with pennies. Mrbeast: OK.
@sirspongadoodle2 жыл бұрын
mr beast is for 5 year olds.. fuc k off
@joj.8 жыл бұрын
"Death to Pennies" Suddenly, RWBY
@oddlyenough55988 жыл бұрын
I thought I was safe here with CGP Grey. :'(
@reimei848 жыл бұрын
Sit in the time out room and think about what you've done
@Frank-ju8qr8 жыл бұрын
You horrible person!
@Shnoidz8 жыл бұрын
Hmm, I have a feeling I'll get how horrible this is when I actually get over how much I hate the art style and watch this show.
@sethawetha20908 жыл бұрын
+Mr. Shnoidz It took me the whole first season to get over the art style. :p
@StarSage663 жыл бұрын
We did it boys, pennies will stop being made by 2023. I'm going to save my jar of pennies and pass it on to my grandchildren as a white elephant.
@ButWhyMe...3 жыл бұрын
I'll buy it from them. I'm convinced it will be worth something to collectors by 2043.
@michaelclark48762 жыл бұрын
The date for the last penny to be minted is April 1, 2023. Imagine if it turns out to be a huge April fools joke.
@zeinab92222 жыл бұрын
where did you hear this? i only found 2 relatively obscure sources saying they'll stop being made, and nothing at all on wikipedia besides saying there's debate about it.
@zeinab92222 жыл бұрын
yeah, the earlier source was an article published on april 1st, 2021. the later source says it was updated (june 7th 2021) and it doesnt show the original date.
@mynameisnotcringe41182 жыл бұрын
@@zeinab9222 i went to the mint's website and it didnt say anything about it
@morsine2 жыл бұрын
In my country. The smallest coin we have in circulation is 1.000rials. which equals to $0.003
@Misha-dr9rh3 жыл бұрын
"Try to pay for 20 dollars of groceries with 11 pounds of pennies" Bet.
@atrilliontrifles2 жыл бұрын
how'd it go
@Misha-dr9rh2 жыл бұрын
@@atrilliontrifles I have yet to attempt such a feat. One day I will pay for groceries with pennies, and a glorious day it will be.
@atrilliontrifles2 жыл бұрын
@@Misha-dr9rh the time shall come, comrade, and when it does, even the greatest of grocery stores will tremble in fear at the glorious power of 11 pounds of pennies
@Chonksta2 жыл бұрын
@@Misha-dr9rh go to a bank and ask for 40 1c coin rolls
@NightSkyNyx2 жыл бұрын
@@Misha-dr9rh we shall await your glorious journey