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They tried the dollar coin here in the states (I don't remember if it was ever intended to replace the dollar bill) about 10 years ago and it was wildly unpopular, nobody wanted to walk around with 5 pounds of coins in their pockets. I like the concept of issuing coins for smaller dollar amounts but once in practice I find it very annoying.
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“My god I must have missed it...its hell down here!”
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