Dollar Coin Alliance

Dollar Coin Alliance Logo

Five Reasons to Support the Dollar Coin

1. Taxpayer Savings

A recent study on the budget savings impact of eliminating the dollar bill and moving to the dollar coin estimates that currency modernization will save American taxpayers at least $13.8 billion – 3X more than recent estimates.

2. Other Countries’ Successes

The U.S. has one of the smallest denominations of paper currency among the major economies of the world. Many other industrialized nations have modernized their low-denomination currency and realized significant cost savings.

3. Endorsements

New York Times, Boston Globe, The Washington Post, Chicago Tribune, Los Angeles Times and USA Today editorial boards all agree that we need to eliminate the $1 bill in favor of the $1 coin.

4. Public Support

The polls show Americans favor the dollar coin when informed of the significant cost savings.

5. 100% Recyclable

Unlike the wasteful $1 bill, which must be shredded and sent to the landfill every 22 months, the $1 coin lasts for 30 years and is 100% recyclable.

About our Alliance

The Dollar Coin Alliance is a coalition of small businesses, mass transit agencies, budget watchdogs, trade associations, and private companies devoted to saving American taxpayers billions of dollars by modernizing our currency to the $1 coin. We at indexuniverse.eu support the Dollar Coin Alliance.

Facts About The Dollar Coin

Taxpayer Savings

Billions in taxpayer savings: In ten separate reports over 24 years (in 1990, 1993, 1995, 2000 , 2011, 2/2012, 2/2012, 11/2012, 3/2013 and 10/2013) the nonpartisan Government Accountability Office has recommended switching to the dollar coin in order to save the American taxpayer billions of dollars. In 2012, the GAO reported that the switch would save the government a minimum of $150 million per year, or $4.4 billion over a 30-year period. Previous studies have put the savings as high as half a billion dollars per year.

Taxpayer support: Two-Thirds of Americans support replacing the dollar bill with the dollar coin when informed of the potential government savings.

International currency: Other major countries have benefited from replacing small denomination bills with coins. The smallest denomination bill in the EU is €5 (~$6.40); in Japan, ¥1000 (~$11.27); and in Canada, C$5 (~$4.00).

Here are our most recent reviews:

Ai Nigarity Anmeldelse & Erfaring 2024 – Svindel Eller Ikke?

Introduksjon I dag skal vi ta en nærmere titt på Ai Nigarity, en plattform som har fått en del oppmerksomhet …

Ai Nigarity Recension & Omdöme 2024 – Bluff eller Äkta?

Introduktion I dagens digitala värld blir det allt vanligare att folk söker efter sätt att investera sina pengar, och kryptovalutor …

Ai Nigarity Revisão 2024 – É legítimo ou uma fraude?

Introdução Nos últimos anos, o universo das criptomoedas tomou conta do cenário financeiro, e com ele surgiram diversas plataformas de …

Ai Nigarity opinie i recenzja 2024 – czy to oszustwo?

Wprowadzenie Cześć! Dziś chciałbym podzielić się z Wami moimi przemyśleniami na temat platformy Ai Nigarity, która zyskuje na popularności w …

Ai Nigarity Avis en 2024 | Robot trader fiable ou pas ?

Introduction Dans le monde du trading, les plateformes de crypto-monnaies apparaissent et disparaissent comme des feux d'artifice. Aujourd'hui, je vais …

Ai Nigarity Funziona o truffa? – Recensione e Opinioni 2024

Introduzione Negli ultimi anni, il trading online ha guadagnato sempre più popolarità, attirando investitori di ogni tipo. Tra le varie …

Ai Nigarity Review & Ervaringen 2024 – Oplichterij of Betrouwbaar?

Inleiding Als je geïnteresseerd bent in de wereld van crypto en trading, dan ben je waarschijnlijk op zoek naar een …

Ai Nigarity opiniones 2024 – ¿Es fiable o una estafa

Hasta mi última actualización en octubre de 2023, no tengo información específica sobre "Ai Nigarity". Si es un nuevo servicio, …

Ai Nigarity Erfahrungen & Test 2024 – Betrug, Fake oder Seriös?

Es tut mir leid, dass ich keine Informationen zu "Ai Nigarity" habe, da es möglicherweise ein neuer Dienst oder eine …

Ai Nigarity Review – Is it Scam?

Ai Nigarity Review: A Deep Dive into the Crypto Trading Platform Introduction Hey there! If you're here, chances are you're …

Binarium AI Anmeldelse & Erfaring 2024 – Svindel Eller Ikke?

Introduksjon I dag skal vi ta en nærmere titt på Binarium AI, en plattform som har fått en del oppmerksomhet …

Binarium AI Recension & Omdöme 2024 – Bluff eller Äkta?

Introduktion Att navigera i världen av kryptovaluta och trading kan kännas som en djungel, men med rätt verktyg kan det …

Binarium AI Revisão 2024 – É legítimo ou uma fraude?

Introdução Nos últimos tempos, o mundo das criptomoedas e investimentos online tem atraído cada vez mais atenção. Com isso, surgem …

Binarium AI opinie i recenzja 2024 – czy to oszustwo?

Wprowadzenie W dzisiejszych czasach inwestowanie w kryptowaluty i inne aktywa finansowe stało się popularnym sposobem na pomnażanie oszczędności. W związku …

Binarium AI Avis en 2024 | Robot trader fiable ou pas ?

Introduction Aujourd'hui, je vais vous parler de Binarium AI, une plateforme de trading qui attire l'attention des investisseurs, notamment dans …

Binarium AI Funziona o truffa? – Recensione e Opinioni 2024

Introduzione Negli ultimi anni, il trading online è diventato un argomento caldo, e sempre più persone si avvicinano a piattaforme …

Binarium AI Review & Ervaringen 2024 – Oplichterij of Betrouwbaar?

Inleiding In de snel veranderende wereld van crypto en online trading zijn er talloze platforms die ons beloven de volgende …

Binarium AI opiniones 2024 – ¿Es fiable o una estafa

Análisis de Binarium Binarium es una plataforma de trading que se especializa en opciones binarias, y ha suscitado diversas opiniones …

Binarium AI Erfahrungen & Test 2024 – Betrug, Fake oder Seriös?

Es ist wichtig, bei der Entscheidung für eine Handelsplattform wie Binarium sorgfältig abzuwägen und alle Aspekte zu berücksichtigen. Hier sind …

Binarium AI Review – Is it Scam?

Binarium AI Review: A Comprehensive Look at the Trading Platform Introduction Hey there! If you’re curious about the world of …

Vortex Profit Max Anmeldelse & Erfaring 2024 – Svindel Eller Ikke?

Introduksjon I denne anmeldelsen skal vi ta en nærmere titt på Vortex Profit Max, en plattform som har fått mye …

Vortex Profit Max Recension & Omdöme 2024 – Bluff eller Äkta?

Introduktion Att investera i kryptovalutor kan kännas som att stå på en berg-och-dalbana. Det är spännande, men också lite skrämmande …

Vortex Profit Max Revisão 2024 – É legítimo ou uma fraude?

Introdução Nos últimos tempos, o investimento em criptomoedas tem atraído a atenção de muitas pessoas. O Vortex Profit Max é …

Vortex Profit Max opinie i recenzja 2024 – czy to oszustwo?

Wprowadzenie Cześć! Dzisiaj przyjrzymy się platformie Vortex Profit Max, która zdobywa coraz większą popularność wśród inwestorów. W szczególności skupimy się …

Vortex Profit Max Avis en 2024 | Robot trader fiable ou pas ?

Introduction Aujourd'hui, je vais partager avec vous mes réflexions sur Vortex Profit Max, une plateforme de trading qui attire beaucoup …

Vortex Profit Max Funziona o truffa? – Recensione e Opinioni 2024

Introduzione In questo articolo, voglio condividere con voi la mia esperienza con Vortex Profit Max, una piattaforma di trading che …

Vortex Profit Max Review & Ervaringen 2024 – Oplichterij of Betrouwbaar?

Inleiding In de wereld van crypto en online trading zijn er talloze platforms te vinden, elk met zijn eigen beloftes …

Vortex Profit Max opiniones 2024 – ¿Es fiable o una estafa

Hasta la fecha de mi última actualización en octubre de 2023, no tengo información específica sobre "Vortex Profit Max". Sin …

Vortex Profit Max Erfahrungen & Test 2024 – Betrug, Fake oder Seriös?

Es ist wichtig, bei der Bewertung von Handelsplattformen wie Vortex Profit Max vorsichtig zu sein. Hier sind einige Schritte, die …

Vortex Profit Max Review – Is it Scam?

# Vortex Profit Max Review: A Closer Look at This Trading Platform ## Introduction In an age where investing in …

TradeFlex GPT Anmeldelse & Erfaring 2024 – Svindel Eller Ikke?

Introduksjon I dagens digitale tidsalder har mulighetene for investeringer blitt mer tilgjengelige enn noen gang. En plattform som har fanget …

TradeFlex GPT Recension & Omdöme 2024 – Bluff eller Äkta?

Introduktion I dagens digitala värld är kryptovalutor och onlinehandel mer populära än någonsin. Med så många plattformar där ute kan …

TradeFlex GPT Revisão 2024 – É legítimo ou uma fraude?

Introdução Nos dias de hoje, a busca por oportunidades de investimento se tornou quase uma necessidade, especialmente com o crescimento …

TradeFlex GPT opinie i recenzja 2024 – czy to oszustwo?

Wprowadzenie Gdy zaczynamy rozważać inwestycje w świat handlu, w szczególności w obszarze kryptowalut, możemy napotkać wiele platform. Jedną z nich …

TradeFlex GPT Avis en 2024 | Robot trader fiable ou pas ?

Introduction Dans le monde du trading de crypto-monnaies, il est crucial de choisir la bonne plateforme pour maximiser ses chances …

TradeFlex GPT Funziona o truffa? – Recensione e Opinioni 2024

Introduzione Ciao a tutti! Oggi voglio parlarvi di TradeFlex, una piattaforma di trading che ha attirato l'attenzione di molti appassionati …

TradeFlex GPT Review & Ervaringen 2024 – Oplichterij of Betrouwbaar?

Inleiding In de wereld van crypto trading zijn er talloze platforms die beloven om je te helpen bij het maken …

TradeFlex GPT opiniones 2024 – ¿Es fiable o una estafa

Correcto, mi conocimiento se basa en información disponible hasta octubre de 2023. Si tienes preguntas específicas sobre TradeFlex GPT o …

TradeFlex GPT Erfahrungen & Test 2024 – Betrug, Fake oder Seriös?

TradeFlex GPT Erfahrungen & Test 2024 – Betrug, Fake oder Seriös? TradeFlex GPT ist eine Handelsplattform, die es Nutzern ermöglicht, …

TradeFlex GPT Review – Is it Scam?

TradeFlex GPT Review: A Comprehensive Look at the Trading Platform Introduction Hey there! If you're diving into the world of …

Bitcoin Vertex Anmeldelse & Erfaring 2024 – Svindel Eller Ikke?

Introduksjon I dagens digitale tidsalder, hvor investeringer i kryptovalutaer er mer populært enn noen gang, dukker det opp en rekke …

Bitcoin Vertex Recension & Omdöme 2024 – Bluff eller Äkta?

Introduktion Att navigera i världen av kryptovaluta och trading kan kännas överväldigande, särskilt med alla olika plattformar som finns tillgängliga …

Bitcoin Vertex Revisão 2024 – É legítimo ou uma fraude?

Introdução Se você está pensando em entrar no mundo do trading de criptomoedas, provavelmente já se deparou com o Bitcoin …

Bitcoin Vertex opinie i recenzja 2024 – czy to oszustwo?

Wprowadzenie Witajcie! Dzisiaj porozmawiamy o Bitcoin Vertex, platformie, która ostatnio zdobyła dużą popularność w świecie kryptowalut. Zastanawiasz się, czy to …

Bitcoin Vertex Avis en 2024 | Robot trader fiable ou pas ?

Introduction Dans le monde des investissements en crypto-monnaies, il existe une multitude de plateformes qui se présentent comme des opportunités …

Bitcoin Vertex Funziona o truffa? – Recensione e Opinioni 2024

Introduzione Ciao a tutti! Oggi voglio parlarvi di Bitcoin Vertex, una piattaforma di trading che ha attirato l'attenzione di molti …

Bitcoin Vertex Review & Ervaringen 2024 – Oplichterij of Betrouwbaar?

Inleiding Cryptocurrency heeft in de afgelopen jaren veel aandacht gekregen, en met de opkomst van verschillende platforms is het voor …

Bitcoin Vertex opiniones 2024 – ¿Es fiable o una estafa

No tengo información específica sobre "Bitcoin Vertex" ya que mi entrenamiento abarca hasta octubre de 2023 y no tengo acceso …

Bitcoin Vertex Erfahrungen & Test 2024 – Betrug, Fake oder Seriös?

Es ist wichtig, bei der Bewertung von Handelsplattformen wie Bitcoin Vertex sorgfältig vorzugehen. Hier sind einige zusätzliche Punkte und Empfehlungen, …

Bitcoin Vertex Review – Is it Scam?

Bitcoin Vertex Review: A Comprehensive Guide to Your Trading Journey Introduction Hey there! If you’re reading this, you’re probably curious …

The rise of cryptocurrencies

In addition to the discussions surrounding the dollar coin, the rise of cryptocurrencies has introduced a new form of trading, particularly with Bitcoin. Crypto trading has gained significant popularity in recent years, driven by its decentralized nature and potential for price volatility. Unlike traditional financial markets, Bitcoin operates 24/7, allowing traders to capitalize on price movements at any time.

There are several notable Crypto Trading Bots available in the market. Here are a few examples:

  1. Bit GPT: Bit GPT is a widely-used trading bot that supports Bitcoin trading across multiple cryptocurrency exchanges. It offers various features and functionalities to assist traders in automating their strategies.
  2. Granimator: Granimator is a reputable platform for Bitcoin trading bots. It provides advanced trading strategies and customization options, allowing users to tailor their trading approaches to their specific needs.
  3. Immediate Connect: Immediate Connect is a cloud-based trading bot that enables users to automate their Bitcoin trading strategies. With this bot, traders can take advantage of automated trading algorithms and execute trades efficiently.
  4. Coin GPT: Coin GPT is a versatile trading bot that not only supports Bitcoin trading but also allows users to trade other cryptocurrencies. It offers a range of features and tools to help traders optimize their trading activities.
  5. Bitcoin Oracle AI: Bitcoin Oracle AI is an exciting new AI-powered cryptocurrency trading platform
  6. Immediate Evex Ai: Immediate Evex Ai allows users to automate their cryptocurrency trading by configuring trading parameters according to their goals and risk appetite.
  7. Bitcoin Kpex AI: Bitcoin Kpex AI is a relatively new crypto trading platform that claims to provide traders with a cutting-edge trading experience through its AI-powered trading system.
  8. Bit UREX GPT: The AI-powered Bit UREX GPT platform offers algorithmic crypto trading, but its anonymous team raises questions about its legitimacy.
  9. Quantumator: The Quantumator platform provides crypto education and trading tools, but its anonymous team and lack of transparency raise concerns.
  10. Immediate Code: Immediate Code has promise but traders should carefully weigh the risks before using it.
  11. Immediate Momentum: Immediate Momentum offers intriguing capabilities but advises proceeding cautiously until additional performance data and details emerge.
  12. Quantum Trade Wave: Quantum Trade Wave offers advanced tools but requires more transparency to validate its functionality and performance claims fully.
  13. Altrix Edge: Altrix Edge offers robust tools yet cautions proceeding carefully until performance claims and team details emerge.
  14. Immediate Alpha: For simplified crypto profits, Immediate Alpha looks to be an emerging innovation worth monitoring.
  15. Bitapp24: The automated algorithms from Bitapp24 offer intriguing upside, though caution is still warranted initially.

Environmentally Conscious

Coins are Recyclable: Coins are 100% recyclable. Scrap metal from the production process, as well as coins that become too worn for circulation, are melted and reformed into strip metal for minting new coins.

Less Waste: Each year approximately 3.2 billion $1 bills are removed from circulation due to wear and tear. Most of these bills are shredded and most are deposited in landfills; that’s close to 7 million pounds of needless waste, enough to fill 900 dump trucks.

More effective use of resources: Dollar coins have a lifespan of 35 years or more, while $1 notes last between 2 and 4 years. This means that, over the course of its lifetime, a single $1 coin produced for about 18 cents could replace up to 17 dollar bills produced for as much as $1.00.

International Standardization


Standardization: Other countries have already recognized the cost savings and benefits of the dollar coin, including Canada, the European Union and Japan.

Cost Savings: In Canada, the federal government experienced cost savings ten times their initial estimate.

Denomination Size: The United States has one of the smallest denominations of paper currency among the major economies of the world (G-8 Countries). The average value of lowest denomination paper currency among other G-8 countries is $6.76. (See chart below)

Improved Commerce

Private sector savings: The private sector experiences even greater cost savings and increased revenues from $1 coins. Jammed $1 bills in vending machines cost the industry hundreds of millions in annual repair costs and lost sales. Evidence from the transit industry indicates that it is six times less expensive for businesses with high levels of cash transactions to process $1 coins versus $1 bills.

Consumer ease: One $1 coin is lighter to carry than four quarters and is easier to use in vending machines, parking meters, Laundromats, transit fare machines, and other coin operated equipment. Four quarters weigh nearly three times more than a $1 coin (23g vs. 8.1g). Most vending machines manufactured in the last 20 years are equipped to accept $1 coins. And a 2007 survey showed that nearly all vending machines on federal property accept $1 coins.

Increased accessibility for sight impaired: Current $1 coins were specifically designed to be more accessible to the blind and visually impaired. One dollar coins are tactilely different from other coins and thus distinguishable by touch. The $1 bill cannot be distinguished by visually impaired persons without costly assistive technology.

Table: Cost savings and benefits of the dollar coin by country

G-8 Country Highest Widely Circulated Coin US Value Lowest Bill US Value
Canada 2 Dollar $2.02 5 Dollar $5.05
France 2 Euro $2.63 5 Euro $6.57
Germany 2 Euro $2.63 5 Euro $6.57
Italy 2 Euro $2.63 5 Euro $6.57
Japan 500 Yen $6.18 1,000 Yen $12.37
Russia 10 Ruble $0.34 50 Ruble $1.70
United Kingdom 2 Pound $3.19 5 Pound $7.97
AVERAGE   $2.87   $6.73
United States 25 Cents $0.25 1 Dollar $1.00

Author

  • Florian Feidenfelder

    Florian Feidenfelder is a seasoned cryptocurrency trader and technical analyst with over 10 years of hands-on experience analyzing and investing in digital asset markets. After obtaining his bachelor's degree in Finance from the London School of Economics, he worked for major investment banks like JP Morgan, helping build trading systems and risk models for blockchain assets.

    Florian later founded Crypto Insights, a leading research firm providing actionable intelligence on crypto investments to hedge funds and family offices worldwide. He is the author of the bestseller "Mastering Bitcoin Trading" and has been featured in prominent publications like the Wall Street Journal, Bloomberg, and Barron's for his insights on blockchain technologies.

    With extensive knowledge spanning the early days of Bitcoin to today's explosive DeFi landscape, Florian lends his real-world expertise to guide both new entrants and seasoned professionals in capitalizing on the wealth-creating potential of crypto trading while effectively managing its inherent volatility risks.

    View all posts