Yeah, but like, is it a valuable token of trade? It’s 1c, yes that’s money, its a whole percent of a dollar, but it’s illegal in most of the country to pay someone less than 12.5 of them per minute of labor, an unlivably low wage. The $15/hr wage is increasingly normal for low skilled labor and is a quarter a minute. A quarter is great as you don’t need to fill your pocket with it to buy something from a vending machine. Ok that’s not the most honest comparison as vending machines haven’t taken pennies in at least a decade. It’s a denomination sufficiently small to cause a lot of people to just not bother with them, they just aren’t worth the time to use them or keep track of them.
Yeah, but like, is it a valuable token of trade? It’s 1c, yes that’s money, its a whole percent of a dollar, but it’s illegal in most of the country to pay someone less than 12.5 of them per minute of labor, an unlivably low wage. The $15/hr wage is increasingly normal for low skilled labor and is a quarter a minute. A quarter is great as you don’t need to fill your pocket with it to buy something from a vending machine. Ok that’s not the most honest comparison as vending machines haven’t taken pennies in at least a decade. It’s a denomination sufficiently small to cause a lot of people to just not bother with them, they just aren’t worth the time to use them or keep track of them.