Jordan Richner on Nostr: Interesting. Are nickels next? "The cost to mint a US nickel is currently around 8.52 ...
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
Published at
2025-02-10 03:54:34Event JSON
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"content": "Interesting.\n\nhttps://i.nostr.build/3b22hD1aOYUoIElt.png\n\nAre nickels next?\n\n\"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.\"\n\nHow long until Sats replace coinage?\n\n#bitcoin",
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