posted on Mar, 31 2008 @ 09:38 PM
Sounds silly to me, hoarding coins. Better to spend them while they are still good. Otherwise, it could be decades after a new money adoption, and
your old money is still old money. Maybe a scrap metal company would take them, but that is a lot of coins to possibly equal out to any new money
units you could get back. A pound of copper could be worth a few pennies in new currency. You would need tons of pennies to have anything valuable.
Hoard gold instead - I have hardly noticed gold lose value, except during the California Gold Rush times.
Paper money is not really paper, last I read. It's made of rags, like cotton and linen. It burns like paper, but you might get somewhere sewing
your new clothes out of the bills instead of burning them and wearing winecask trousers. Wallpaper comes to mind as well. I heard a story that when
the Confederate States of America money was out of value, people lined their outhouses with it.
I don't think the bill will fall to nothing. I think there will be a value drop, and then a $100 bill will buy a buck's worth of stuff in the
future. And when are they going to start making coins with rfid chips in them? That would be neat.