Thread
Remove the penny, and cash stops being exact.
Every payment becomes a coin-flip.
Sometimes you win, but statistically, you lose.
Rounding isn’t neutral. Prices end in .99 for a reason.
The system tilts up, not down.
That tilt costs you money.
This adds risk to using cash.
Risk that never existed before.
Risk no reserve currency has ever introduced.
It’s not theft by the cashier.
It’s extraction by design.
Replies (1)
I've worked a lot of retail in that time. At the end of the day the difference was never more than insignificant change, even on days with tens of thousands of dollars in sales. Even tracked over months it added to nothing, evening out in the end.
A store could try to game it by setting prices specifically, but that gets thrown out the window if someone buys more than one thing, not to mention sales tax changing the amount.
Watching people that all around up about pennies is hilarious 😂
