All the other denominations over $1 have gone “Bigfaced” and been colored other than green. Why not the one-dollar bill?
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IIRC, vending machine companies have lobbied to prevent the treasury from changing it. Plus counterfeiting $1 bills isn’t as big of an issue as it was for larger denominations.
I don’t know why they don’t just go to a $1 coin.
I’ve heard the average $1 bill has a lifespan of 18 months. Coins last forever. They’ll cost more at first, but pay off in the long run.
Why bother? The only reason most of the other currency gets updated is because counterfeit. Nobody is going to be crazy enough to counterfeit one dollar bills, as it’d cost more than a dollar to make them.(I’m not sure how much exactly, and I’m too scared to Google it, as it’d probably be me on a list). It’d be like counterfeiting pennies, and spending more per penny to make a “penny”.
Hot take: Kill the penny, the nickel, and the quarter. Only have dimes, half dollars, and dollar coins. Kill the dollar bill.
It needs to be end of lifed in favour of coins, as in other western nations. People are resistant, but having such a low value of the highest value common coin (25c) and lowest value paper is a nuisance.
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