Malaysia without coins?
Back in primary school around 1995, I still remember my mother would give a pocket money of 30 sen for primary school and my sister in high school 50 sen. "Young people, give small amounts of money ah". Seems a small amount, but that was the power of the buyer in the old days. Now, buyer power is getting less with a mixture of world inflation and money politics. Do we remember the 1 sen copper brown coin? And it has been abolished, no more sellers putting Rm 0.99 on each of its items. Wink.
Again, Malaysia without coins? You said it's impossible for this to happen, but I can say ... Yes, it will in one day. Am I a good friend of the government? No, I speak as a Malaysian. In my opinion, with the determination of the government and the world to use a cashless society on all its people, it will happen that no coins will be used. No coins, or even no real paper money! It is because of digital transactions, where the magic in your hands.
Let's see which countries no longer use coins, in 2012 Canada stopped making one-cent coins. Australia, stopped producing new one- and two-cent coins in 1992. Saudi Arabia have less than US $ 3 in coins but all are almost worthless. Bahamas in January 2020, South Korea going coinless in 2020/2021? What about Malaysia? Come on, we can do it.
This coins could soon become a thing of the past, and within elimination of lower value coins... Who's going to bring a heavy wallet with even full of coins when you can just scan everything with your smart phone? The cashier also will give you a death glare if we dump it on their counter. Right? So, why keep a coins when world changing very fast in everything. And with no coins, the coin collectors guy will give a smiley full of joy.
A homeless without a coins? Something good, right? Digital homeless? Cries in the corner. Talking about about this, a government should do something about them. They still a people with a heart. They still a part of Malaysian, and please make them feel useful and independent. Open the board meeting, make a great plan, or use all university students ideas. They sure got something in their mind, like a fresh solutions.
So, see you all in future!
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