Have you listened to podcasts lately? Soulless, smug jackasses who all laugh histerically at their own jokes (with the assistance of Adderall). The chemistry of the bombcast's golden era was something that cannot be recaptured.
When i listened to this podcast, i felt strange, i was siding with Jeff about pennies. Then i thought "wait..Ryan is totally right, why should we have pennies?"..but for some reason deep inside me, i feel the need for pennies. Pennies are like..my security blanket.
Fun fact: i heard , $XX.99 formula was created to force the cashier to use the register and proceed to document the transaction and put cash in. Verses someone giving you $1.00, or $5.00 and you could pocket it easy. This was detoured by creating.... The penny back. jeff wants his penny.
The key to removing pennies is this (and this is how Canada does it): If the total of your price comes to say $5.62 it will then become $5.60 if it's $5.63 or $5.64 it will become $5.65. So it all evens out over time. Now all this is null and void if you are paying with debit or credit.
They eventually touch on the actual answer. Everything is rounded right now as is. If we had smaller than penny currency like old timey Britain we'd see that in action. So eliminating the penny (and let's be real the nickel too) would just shift that rounding to the next larger denomination. It's fine.
Jeff is silly, here's how it works. Say a "merchant" owes you 53 cents, he will give you 55. If he owes you 52 it will be 50, sometimes you gain, sometimes you lose. It all balances out.
@@ch3burashka I’m also 4 years late. But they get to the actual answer. Everything is rounded off right now as is. Which is evident if we went the other way and introduced pre decimal British currency of fractions of penny coins. If we had smaller than penny coins we’d magically have to use them even though no current price has them. Well other than gasoline and that’s just another example of regular encounter with rounding that we don’t notice. Rounding by getting rid of pennies and nickels would simply work as everything does now.
@@MrLego3160 the fookin sainsburys dunt take me bitcoin? useless i tell ye. brits don't have NFC chipped phones ? No bitpay? No FTX card? maybe look around so you're not caught looking like a 60 year old boomer putting a fookin hard drive on a chip reader.
![[Sub Thai] APT. - ROSÉ & Bruno Mars](http://i.ytimg.com/vi/bYjhzP8x_uc/mqdefault.jpg)
I thought this would be about when that girl tried to steal jeffs jar of change at that one party where they rolled a truck
anyone still here. im stuck in the past.
Yessir
Have you listened to podcasts lately? Soulless, smug jackasses who all laugh histerically at their own jokes (with the assistance of Adderall).
The chemistry of the bombcast's golden era was something that cannot be recaptured.
Yup
A podcast about video games
"Fuck merchants" - Jeff Gerstmann
Remember when we just had to worry about SOPA and not the end of Net Neutrality? The good ol' days... :(
I miss hearing Ryan's laugh.
Today the USA is sorta kinda having this discussion. Ryan Davis lived in the future.
When i listened to this podcast, i felt strange, i was siding with Jeff about pennies. Then i thought "wait..Ryan is totally right, why should we have pennies?"..but for some reason deep inside me, i feel the need for pennies. Pennies are like..my security blanket.
Fun fact: i heard , $XX.99 formula was created to force the cashier to use the register and proceed to document the transaction and put cash in. Verses someone giving you $1.00, or $5.00 and you could pocket it easy. This was detoured by creating.... The penny back. jeff wants his penny.
Bitcoin was at $13.45 when this episode aired. Now it's at $42,000.
$70,000 4 months later lol
Of course klepek wants to get rid of cash
Oy
Little trivia, Gerstmann means Barleyman.
I honestly thought I might be the only person who remembers fucking Pipo. THat useless goddamned one armed fuckbot... GOD I HATE THAT ROBOT!
The key to removing pennies is this (and this is how Canada does it): If the total of your price comes to say $5.62 it will then become $5.60 if it's $5.63 or $5.64 it will become $5.65. So it all evens out over time. Now all this is null and void if you are paying with debit or credit.
less then 5% copper actually (the "copper" you see is an alloy)
Up with Pipo.
...that money's mine. I want my money.
Who uses cash anyway?
nickles4pennies
Lincoln created death.
I LOVE PENNIES!
RON PAUL 2012
its funny that here in Canada we now actually won't have pennies anymore come this fall
I'm with Ryan Davis. Fuck pennies.
Jeff yelling 'I want my fucking money' does make him sound like an insane person.
Jeff doing all that to get $2 worth of pennies? How little is his time worth.
They eventually touch on the actual answer. Everything is rounded right now as is. If we had smaller than penny currency like old timey Britain we'd see that in action. So eliminating the penny (and let's be real the nickel too) would just shift that rounding to the next larger denomination. It's fine.
Jeff is silly, here's how it works. Say a "merchant" owes you 53 cents, he will give you 55. If he owes you 52 it will be 50, sometimes you gain, sometimes you lose. It all balances out.
Except all prices will be adjusted to be in favor of the merchant, so you'd never "win".
Yes, I'm 4 years too late, but this is important, goddammit.
@@ch3burashka I’m also 4 years late. But they get to the actual answer. Everything is rounded off right now as is. Which is evident if we went the other way and introduced pre decimal British currency of fractions of penny coins. If we had smaller than penny coins we’d magically have to use them even though no current price has them. Well other than gasoline and that’s just another example of regular encounter with rounding that we don’t notice. Rounding by getting rid of pennies and nickels would simply work as everything does now.
Every time I hear Jeff say "fuck Merchants" it sounds vaguely anti-semitic to me, but I guess it's because it's coming from someone called "Gerstmann"
Ryan's arguments don't hold a lot of weight, sorry Ryan =P
11 years later. They totally do hold weight now. Fuck pennies ✌️
Bitcoin won lol
until i can buy my groceries with bitcoin, no it hasnt'.
@@MrLego3160 theres many ways to do this right now
@@bigmac375 Yeah? i can go to my local sainsburys, and slap a hard drive down on the card reader?
@@MrLego3160 the fookin sainsburys dunt take me bitcoin? useless i tell ye.
brits don't have NFC chipped phones ? No bitpay? No FTX card? maybe look around so you're not caught looking like a 60 year old boomer putting a fookin hard drive on a chip reader.