Post #38246 by ptheland on the US Policy board

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It's not just a matter of us not having to carry around a couple pennies in our wallets.

Actually, it is. All that would be eliminated is the physical penny. At least that’s the way other countries have done when eliminating their similar coins. All the math stays the same. You still write checks and make electronic payments to the nearest $0.01. It’s only actual cash payments that would have to get rounded when neither party has pennies available.

—Peter

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