> Coins have ridges on them for a reason. The historical reasons aren't relevant... | Hacker News

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		zahlman 20 days ago \| parent \| context \| favorite \| on: Wholesale prices rose 0.9% in July, more than expe... > Coins have ridges on them for a reason. The historical reasons aren't relevant. Coins are made of low-value metals nowadays and even if you could collect a large amount of coin shavings, exchanging them for their intrinsic value is not feasible without smelting, which is costly and impractical for almost everyone.

sjdbdjskbzba 20 days ago [–]

Fractional reserve banking is coin clipping rebranded. Capital holders generate more capital out of nothing.

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