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Posts Tagged ‘currency’

When the US dollar is worth nothing, will Utah lead the way to a new American currency?

Is blockchain currency too intangible and complicated for you? Does Facebook Pay feel too In-Zuckerberg-We-Trust? Does your couch potato lifestyle prevent you from going on a Sweatcoin shopping spree? Could Goldbacks, the world's first local, spendable, voluntary currency made of physical gold, be the alt-tender answer? The Beehive State is leading the way with the ...

Bank paying a bonus for cashing in loose change

COVID-19 has led to a coin shortage for businesses as customers are going cashless to avoid touching anything. To help bring more coins into circulation, Wisconsin's Community State Bank is offering a $5 bonus for every $100 in coins you turn in. The maximum bonus is $500. (As comparison, Coinstar takes 11.9% of the money ...

Covid puts U.S. penny back on death row

Covid might finally **** off something that's long been on death row: the penny. Virtually worthless yet relatively expensive to make, the 1c coin complicates an ongoing coin shortage and production needs to be switched to more valuable denominations.

It costs the U.S. government about 2 cents to produce every penny. Pennies aren't even worth ...

US silver dollar coin design commemorating astronaut/schoolteacher Christa McAuliffe

Next year, the United States Mint will release a silver dollar coin commemorating astronaut and elementary school teacher Christa McAuliffe who died with her six crewmates when the Space Shuttle Challenger exploded after liftoff on January 28, 1986. The candidate coin designs (below) were presented to the Citizens Coinage Advisory Committee (CCAC) and the ...

What you should know about currencies and foreign exchange while travelling

11.08.2019 · Posted in Technology Articles, Travel Articles

For some, travelling to another country on business or pleasure means holing up in a resort or hotel designed so you don’t have to lift a finger — or even know you’re overseas. Huge, all-inclusive resorts can take care of your purcha... ...

McDonald’s employee burned by customer’s “smoldering” dollar bill

In Hackettstown, New Jersey, a McDonald's drive-through customer reportedly paid with a "smoldering" dollar bill that burned the employee's hand. From NJ.com:

After taking the money, the employee realized the dollar was still smoldering and she was burned on the palm of her left hand, police said. The employee refused medical treatment.

Police are investigating the ...

U.S. Treasury just designated China as a currency manipulator, so expect more economic shocks

The U.S. Treasury has just taken the extraordinary step of designating China as a currency manipulator, something no administration has done since the days of Bill Clinton. With the action, the trade war between the U.S. and China has entered a new phase that will likely see both countries stepping up both their rhetoric and ...

Bitcoin has surged above $8,000 and theories around why abound

Bitcoin is now trading at around $8,130, up a whopping 60.84 percent over the past month, with the price surging $3,086.14 over the period. The cryptocurrency’s meteoric rise is reminiscent of its rocketing growth in the latter half of 2017, when prices reached over $18,400 on the back of buoyant capital markets, rampant speculation, and ...

Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today, that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the datacenter. Already, the computing demands of the technology industry are responsible for ...