🪙 Penny's Gone Digital
🪙 Penny's Gone Digital
🪙 Penny Dies, Crypto Wins
The U.S. has officially stopped producing pennies, marking the end of an era for physical currency.
Perfect timing for blockchain adoption - microtransactions now cost fractions of a cent on networks like Polygon, making digital payments more practical than ever.
- Physical penny production has ceased
- Blockchain transaction costs now lower than traditional currency denominations
- Polygon enables sub-cent transaction fees
Sandeep Nailwal discusses the implications in a detailed conversation about how this shift could accelerate onchain microtransactions.
RIP to the penny. Last week, the U.S. stopped production of the penny. Just in time for microtransactions to go fully onchain, where txns cost a fraction of a cent on Polygon. @sandeepnailwal breaks it down on @paulbarron - link in thread
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