Medvedev Unveils

[The Don]

In a highly symbolic moment at the G8 summit in Italy today, Russian President Dmitry Medvedev unveiled to reporters a coin representing a

[Paul@Facebook]

It would make things a lot eaiser when your going on holiday, but I can't see it working out. Theres too much money to be made for people who import stuff from countries where the local currancy down on the pound/dollar.

[Aero]

even tho its not strong at the minute, i like the great british pound, the coins look and feel good and its OURS, i like indepedance and its my main reason for not wanting the euro

that said, i'd welcome global currency over the euro, it was alsways gonna be a stop gap solution for world currency, but also its TOY money, fucknig look at it

[Smacktalks]

I've got some on my desk in front of me, definitley looks fake. The actual UK coins just look thicker, harder and more traditional.

Also dont like how there all gold.

[System of a Daan]

Here in the Netherlands we use Euro

[Aero]

but you's spent a fortune implementing the euro only to do the same for a global currency, it was silly.

also, how many euro coins are there, we have -

[Chillalex]

Here in the Netherlands we use Euro

[RingMaster2001]

Euro is shit. The Pound has always been and will always be stronger than it. I'll be damned the day we start using it. I am strongly against a European Currency. Like most of the people in Europe, we don't want to become some superstate and want to retain our independence. It's only the bureaucrats who want us absorbed into it.

However, I can't see the same problem with a World Currency, and also I don't think I'd have a problem with it. It would also be alot more difficult for us to enter another economic global recession like the one we are going through now. The Euro isn't able to do that, infact it's only exaserbated it.

[jitz]

I think the idea behind a world currency is all well and good, and a lot a countries would get behind the idea of it because for the most part we all get along. The actual workings of it would be a fucking nightmare though, how does it get it's value? No businesses around the world would trade in it as a primary currency, so it essentially has no stock market.

I just don't think the world is setup correctly at the moment to make it work. We're probably an interim step, globally, away from a global currency. That step being regional currencies. Europe took the first step, and it's very controversial. The idea of an Asia Pacific currency has been thrown about but no one is really willing to make it a top priority. You could also envisage an Americas currency. I suppose they realise a global currency is a long way off by terming it a future currency.

I'm also very skeptical that all of these super-currency ideas all seem to pop out of Europe where their currencies aren't particuarly strong...seems a little bit shady.

[Aero]

theres definately been a few stronger european countries fucked over by the euro for the good of the 1s who had a weak currency before, the uk would have been truely fucked esp when the pound was at its strongest

[System of a Daan]

but you's spent a fortune implementing the euro only to do the same for a global currency, it was silly.

also, how many euro coins are there, we have -

[Aero]

you stoped using 1c & 2c coins?

so basicly everything in ur country has to have a cost ending in "5c" or "0c"

thats a bit shit, every time a chocolate bar goes up in price its gonna go up by atleast 5c then rather than 1,2,3 or 4c.

i dont like that at all, its just lazy

[jitz]

Australia got rid of 1c and 2c coins in the early nineties and we seem to have coped quite fine. It really isn't an issue because a lot of cash exchanges these days are done electronically, so you can do it to the cent. Otherwise if it's $1.99, it's rounded up to $2.00. If you think 2c of petrol makes all the difference, fill up to a couple of cents over and it gets rounded down if you pay by cash.

Personally I don't want to fuck around with tiny little denominations in my wallet, I have enough change as it is.

[Aero]

i still dont like it wether australia does it or ot

[Big Bizang]

I'd be all for it. I'm fucking sick of emptying out coppers from my wallet every week.

[Aero]

but then you'd get sick of the silvers and everything would start being

[Chillalex]

I do similar

I save all the change I get over a year and then cash it in at the bank (a long and arduous process)

But one year it netted me a swift

[RingMaster2001]

Exactly, a stupid waste of money. Australia doing it makes it even less appealing.

[Big Bizang]

I'm obviously so fabulously wealthy I have no need for copper. Huh, who knew?

[RingMaster2001]

You just don't use it properly.

[Nemo]

the only people who benefit from this are those lousy canadians. once every country starts using the same money, americans wont be able to make fun of the CAD anymore.

thus resulting in me having less conversations with matt gray.

[CanaMatt]

the only people who benefit from this are those lousy canadians. once every country starts using the same money, americans wont be able to make fun of the CAD anymore.

thus resulting in me having less conversations with matt gray.

lmao.

And holy fuck, "coppers" is a goddamn gay word.

[Aero]

1p & 2p coins are made of copper... hence "coppers"

[RingMaster2001]

In your case Matt, 2p = 1$