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Goodbye Paper Money - Hello Plastic

 
Old 03-07-2010 at 11:40 AM   #16
Mowicz
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Quote:
Originally Posted by goodnews.inc View Post
It's a great change and I understand their rationale,
Actually this is what I fail to understand...I mean, some of the motivations I get, but I see people saying "it's great, we won't be using paper, a valuable natural resource" as one of the reasons like you yourself have said.

In countless other situations, those same people prefer that the thing being used be natural and renewable...why is there this discrepancy?
Old 03-07-2010 at 11:47 AM   #17
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Quote:
Originally Posted by Mowicz View Post
Actually this is what I fail to understand...I mean, some of the motivations I get, but I see people saying "it's great, we won't be using paper, a valuable natural resource" as one of the reasons like you yourself have said.

In countless other situations, those same people prefer that the thing being used be natural and renewable...why is there this discrepancy?
I agree. Its not like were using fossil fuels or anything?
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Old 03-07-2010 at 12:05 PM   #18
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Quote:
Originally Posted by lawleypop View Post
I'm telling you Jack, my conspiracy theory is legit. No one's just gonna hand over every bill they have. XD
LOL. You're never gonna drop that, are you?

There are quite a few South American economies who at some point in the last 20 years decided they were taking their currency entirely off the market in favour of the U.S. Dollar. It takes about 2 weeks to remove 99% of a currency from circulation and replace it.
Old 03-07-2010 at 12:37 PM   #19
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Quote:
Originally Posted by Mowicz View Post
Actually this is what I fail to understand...I mean, some of the motivations I get, but I see people saying "it's great, we won't be using paper, a valuable natural resource" as one of the reasons like you yourself have said.

In countless other situations, those same people prefer that the thing being used be natural and renewable...why is there this discrepancy?
well i'd say the change is more environmentally neutral since the plastic used is derived from petroleum which is non renewable, unlike trees. this definitely has to do more with the security measures than anything else.

Quote:
Originally Posted by ltswat View Post
lol its even easier to counterfeit plastic, money..no matter what hologram, chip or even magnetic sensors.....plastic is easier..smooth surface, easy for printing and embedding chips. Money should be left in bills!
lol
Old 03-07-2010 at 12:37 PM   #20
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Why don't we just put the monopoly logo on it. Do we really want to make our cash more of a joke? Plus we just redesigned our bills which would have been expensive. This would also be a very expensive move. There can't be that much counterfeiting going on that to justify this.
Old 03-07-2010 at 12:56 PM   #21
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Not sure how plastic would make our money a joke, considering that Monopoly money is PAPER.

The only problem I have is that plastic bills tend to be difficult to fold. When I was in Vietnam last summer everybody had to have an elastic band to keep the plastic bills folded together. At the same time, with the way the currency worked you needed a small stack of bills if you wanted to buy anything at all.

Otherwise, bring it on.
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Old 03-07-2010 at 01:09 PM   #22
goodnews.inc
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Quote:
Originally Posted by Mowicz View Post
Actually this is what I fail to understand...I mean, some of the motivations I get, but I see people saying "it's great, we won't be using paper, a valuable natural resource" as one of the reasons like you yourself have said.

In countless other situations, those same people prefer that the thing being used be natural and renewable...why is there this discrepancy?
When you said "the thing being used", is there anything particular?
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Old 03-07-2010 at 01:46 PM   #23
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Quote:
Originally Posted by nila* View Post
I thought this thread was about credit cards

I guess yay for no counterfeiting and good for the environment.
Paper money is not bad for the environment. The money paper is printed on is not regular paper produced from trees but from cotton because it is much more durable. Its not like we are cutting down are forests to print money instead it is simply farmed.
Old 03-07-2010 at 04:47 PM   #24
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Quote:
Originally Posted by Mowicz View Post
I have mixed feelings about a statement like this...

On the one hand, debit is so much more convenient (I know from experience :p I'm lazy). But on the other hand, even for someone like myself who tries to keep a mental record of how much is in my bank account, I tend to over-spend when using debit...and I'm sure people who aren't as good at holding the figures in their head, must have this problem to a greater degree.

There's gotta be something psychological about it...something about physically handing over money tends to make people stop and say 'woah...that TV just cost me a crapload of money.'

I would hope people have some means of limiting themselves, since this increase in debit use surely leads to an increase of reckless spending in cases.
I actually read something about that just a little while ago. It talks about a few different studies in that area.

http://www.psychologytoday.c om/blo...d-credit-cards

If you want to save money: use cash whenever possible, and keep as much of your cash in large bills as possible.
Old 03-07-2010 at 07:12 PM   #25
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Quote:
Originally Posted by A.Marlowe View Post
If you want to save money: use cash whenever possible, and keep as much of your cash in large bills as possible.
Truth.

I hate breaking anything bigger than a 20.
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Old 03-07-2010 at 07:18 PM   #26
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Theory doesn't apply when at casinos.

At least not for me. XDDD
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Old 03-07-2010 at 09:06 PM   #27
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Quote:
Originally Posted by goodnews.inc View Post
When you said "the thing being used", is there anything particular?
Oh I dunno...I guess fossil fuels are the main example?

I always thought it was prefered to use a renewable resource...but then I see youngins saying that paper is bad like it's non-renewable?

It's just mildly confuzzling is all.
Old 03-07-2010 at 09:14 PM   #28
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Quote:
Originally Posted by Mowicz View Post
Oh I dunno...I guess fossil fuels are the main example?

I always thought it was prefered to use a renewable resource...but then I see youngins saying that paper is bad like it's non-renewable?

It's just mildly confuzzling is all.
I suppose because something renewable like sunlight for solar power doesn't take away from what's already there. If I use a photon, still one for you.

However, with trees, I believe the widespread destruction that comes with it, is so debilitating to so many species, including the species of plant life itself that people protest that, even though technically speaking...if you scatter a few seeds with the right growing conditions, you should be back to Square One.
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Old 03-07-2010 at 10:16 PM   #29
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Australia uses money like that. its water proof, rip proof...
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