Live data from Hacker News

Uncut Currency

usmint.gov

351–360 of 421 posts

Re: Uncut Currency

#352

Earlier quoted context omitted.

First, yes companies make it directly harder for customers to give them money all the time with repeating high-discount sales, bespoke proprietary web/mobile store apps, captchas, loyalty/sunk cost programs, etc. These all frustrate market efficiency, so the company can then capture some of the surplus value accumulating due to friction. "Creating a moat" (aka market inefficiency) is like business school 101. But the…

> it's not that it will be "harder to give them money", but rather that you will be paying twice as much (ie not receiving coupons/vouchers to obtain the real competitive price) based on them knowing that you personally will still buy. JCPenney has been doing that for decades. When Ron Johnson - the former CEO of Apple retail - came in as CEO and tried to get rid of the constant coupons and “sales” and implement ever…

I don't see how that addresses what I said. Sure, similar dynamics have existed for a while. And sure, many consumers are happy with simulated achievement. That doesn't mean they aren't getting taken advantage of, or that the dynamic won't continue to get ever worse as the corporate surveillance machine gains more capabilities.

Re: Uncut Currency

#353

Earlier quoted context omitted.

>Often too full. Eh. Yeah. I posted a comment on a urban design video questioning the cost they gave for car ownership and the fact that they did not value the extra time it takes to use transit. Bam. Comment removed. Apparently the channel is able to moderate comments that don't fit their mentality

It may have been the channel owner, or more likely it may have been YouTube itself. There have been a few discussions over at level1techs where people thought they thought the channel was moderating them for some strange reason, only to turn out it’s YouTube: https://forum.level1techs.com/t/l1t-youtube-shadowban-shadow... More than once I’ve made a comment, went to edit a spelling mistake, and got an error on save be…

Yes, you can confirm if this is the case by going to "Your data in Youtube" and seeing if your comment still shows up there. If you click the direct link there it'll even take you to the video and highlight your comment. But if you reload the video without the querystring part that identifies your comment, you won't see it. It's happened to a bunch of mine too on and off over the years, and it's not because of negativity or anything.

You can even see it happening to other people - if you see a comment tree that says it has N replies, but then you expand it and it shows less than N replies, the same thing happened to the people who posted those missing replies too.

The same thing happens with my Google Maps reviews too. Google is too lazy and high on their farts about letting automation do their moderation to care.

Re: Uncut Currency

#354
post #45

Why is the US one of the few countries that can't keep a consistent design across their bills and still does not have a way for blind people to identify which note they have. They are all the same size and have no embossed markings.

The thing I cannot fathom is why quarters are so huge, considering they’re nearly valueless. Then you need whole stacks of $1 bills to pay anything relevant. I find both constantly cluttering up my wallet.

$20 of quarters, and $20 of dimes, both weigh exactly one pound.

Re: Uncut Currency

#355
post #314

Earlier quoted context omitted.

Dollar bills are usually in terrible condition. Folded corners, creases, dirt. Ten singles take up more space in my wallet than just about anything else I'd put in there. I'd rather have ten coins. They'll easily fit in the bottom of my pocket, and when I pull out change there's likely to be a useful amount of money in it.

> Dollar bills are usually in terrible condition Do you get yours from selling drugs? Mine are usually fine, very rarely in 'terrible' condition.

Unfortunately, yes. Drugs are well-known to be the only product for which cash is an acceptable form of payment. The utility of hard currency really took a hit when all the hookers moved to Venmo.

Re: Uncut Currency

#356

Earlier quoted context omitted.

> it's not that it will be "harder to give them money", but rather that you will be paying twice as much (ie not receiving coupons/vouchers to obtain the real competitive price) based on them knowing that you personally will still buy. JCPenney has been doing that for decades. When Ron Johnson - the former CEO of Apple retail - came in as CEO and tried to get rid of the constant coupons and “sales” and implement ever…

I don't see how that addresses what I said. Sure, similar dynamics have existed for a while. And sure, many consumers are happy with simulated achievement. That doesn't mean they aren't getting taken advantage of, or that the dynamic won't continue to get ever worse as the corporate surveillance machine gains more capabilities.

How much “worse” can they get? Radio Shack for instance has your information about your sales patterns since the 1990s even when using cash.

Credit cards vs cash is the least of your problems and on a meta level, users have been willing to give their information to retailers and been doing couponimg for decades.

Re: Uncut Currency

#357

Earlier quoted context omitted.

> You say they’re worth less They said they're (mostly) not worth more than $2. They aren't worth less than $2 either. They are worth $2.

$2 bills are somewhat rare and are considered lucky. We could use math to prove that on average $2 dollar bill is worth more than $2. 1 - There exist collectable $2 dollar bills which are worth significantly more than $2. 2 - there are no $2 dollar bills which are worth less than $2 due to being legal tender. From 1 and 2 - average value of all $2 bills is above $2.

All it takes is a cooperating bank teller, $200, and some patience and you can order a strap of $2's. Chances are large that 100 uncirculated $2 bills in sequential order will be ready for you to pick up in a few days.

I don't expect there's much more value than $200 in there, but if you disagree, you're welcome to figure out what your local bank's limit on currency ordering is :P

Re: Uncut Currency

#358

Why is the US one of the few countries that can't keep a consistent design across their bills and still does not have a way for blind people to identify which note they have. They are all the same size and have no embossed markings.

The US is so weird about its currency. The repeated attempts to get rid of the dollar bill (dollar coins, two-dollar bill, etc.) have all "failed". I put "failed" in quotes, because all it requires is for the government to do it. Take the one-dollar bills out of circulation, no discussion, done. At this point, take the two-dollar bills (no one will notice) and the penny as well.

> The US is so weird about its currency. The repeated attempts to get rid of the dollar bill (dollar coins, two-dollar bill, etc.) have all "failed".

> I put "failed" in quotes, because all it requires is for the government to do it. Take the one-dollar bills out of circulation, no discussion, done. At this point, take the two-dollar bills (no one will notice) and the penny as well.

The US electorate is no stranger to single issue voting. If one party spearheads the elimination of the dollar bill, expect them to lose the next several rounds of elections and the other party to reinstate dollar bills. If it's bipartisan, expect a dollar bill party to surface and reinstate dollar bills.

Also, I don't think the $2 bill has anything to do with trying to get rid of the $1 bill? They've been produced most years since 1862, just a 10 year hiatus between 1966 and 1976.

Re: Uncut Currency

#359

Earlier quoted context omitted.

> And during the severe thunderstorms in Florida when everyone was coming to Orlando, places ran out of gas. We had an EV and charged at home. Having an electric vehicle is NOT the benefit you think it is here. You could just as easily have an internal combustion engine and spare fuel tanks. My car holds about 12 gallons of fuel and I have three 5-gallon fuel jugs ready to do. I use the fuel jugs for my lawnmower to…

Operative word is “had” which fairly enough could be interpreted as the storm was in the past tense or the car was in the past tense. I meant the latter. We only had it for six months (SixT month to month car subscription) while trying to decide what our next move was. We didn’t know whether we were going to stay in Florida all year or travel half the year and rent our place out and stay at home half the year or not.…

> Operative word is “had” which fairly enough could be interpreted as the storm was in the past tense or the car was in the past tense. I meant the latter.

OK fair enough

Re: Uncut Currency

#360
post #213

Earlier quoted context omitted.

Hahah up to 721 now. That guy must think he hit the jackpot! :)

It said 1800 now for me. :)

2200 now! New business idea -- use eBay listings for HN post analytics.

I'm....not sure....how any of that would work. But hey! Business!

Post reply on HN