Jordan Richner on Nostr: Interesting. https://i.nostr.build/3b22hD1aOYUoIElt.png Are nickels next? "The cost ...
Interesting.
Are nickels next?
"The cost to mint a US nickel is currently around 8.52 cents per coin, according to the US Mint's 2022 annual report. This is higher than the face value of the coin, which is 5 cents. The main reason for this discrepancy is the high cost of the metals used to make nickels, particularly nickel and copper."
How long until Sats replace coinage?
#bitcoin
Are nickels next?
"The cost to mint a US nickel is currently around 8.52 cents per coin, according to the US Mint's 2022 annual report. This is higher than the face value of the coin, which is 5 cents. The main reason for this discrepancy is the high cost of the metals used to make nickels, particularly nickel and copper."
How long until Sats replace coinage?
#bitcoin