Difference between propaganda & the truth

[mjwalsh]

I am providing 3 links to basically the same 1 hour presentation to facilitate the process ... just in case YouTube or another server happens to be temporarily down or finicky. The last link should work as a permanent download that hopefully will be used as valid input on the coin & currency decisions that are on the table at Congress.

https://www.youtube.com/watch?v=enaZn_YUYys&feature=g-hist

https://vimeo.com/54895549

https://docs.google.com/open?id=0Bw-V7tuUZMAgUW9UXzBfWlpQVlU

Mike Walsh King Koin Launderette & Car N Dog Wash Bismarck, North Dakota

 

[robert roman]

The founding fathers of other countries of ages long past once proclaimed the world was flat. Of course, we know the truth today – the world is round.

Physicists once proclaimed the universe was round. Today, all of the measurements point to a universe that is flat.

So, the difference between propaganda (the former) and truth (the latter) is knowledge (i.e. science).

If coinage has a big future, then why did casinos switch from coins to tickets for slot machines?

To name a few - bar coded tickets take up less room; bills are easier to count than coins; not as many slot machine attendants are needed; the pay outs from a slot machine are more accurate with a ticket; attendant and cashier absenteeism dropped significantly after installing ticket printers – coins are more germ prone than bills.

 

[mjwalsh]

coins are more germ prone than bills.

Robert,

Your germ comment is simply not supported by the facts ... on an earlier post it was shown that there was better science to back up ... that just the opposite is true.

I don't believe policy should be based too much on casino data. The Canadian testimony at the Nov 29th Congressional hearing mentioned that their casinos were in favor of & did utilize the higher value coins. Here again proper availability of course would be a factor.

My observations show that coins count faster than bills ... plus never a face up issue. Also coins once sorted (if needed) can be weighed such as our local amusement company wisely switched to over 10 years ago.

mike walsh king koin of bismarck

 

[pitzerwm]

Robert, the casinos using tickets instead of money period, is a totally different issue. As far as I have seen its only the Indian casinos that use the tickets, Vegas still uses at least bills and some coins.

 

[robert roman]

The reasons mentioned come from the literature, not me.

If coins are less germ prone than bills, then what caused absenteeism among slot attendants and cashiers to decline significantly after installing ticket printers?

Was it propaganda or truth?

 

[JeffM]

The reasons mentioned come from the literature, not me.

If coins are less germ prone than bills, then what caused absenteeism among slot attendants and cashiers to decline significantly after installing ticket printers?

Was it propaganda or truth?

I would think it might be due to the fact that less of them were needed and casino's had the upper hand on who to hire/keep employed, effectively eliminating employees whom abused/overused sick days. While there could be many factors contributing to absenteeism, there is no clear cut way to determine this.

 

[Whale of a Wash]

I am not convinced in the long run there is a future at the wash for coins, but at the present then i can't go with the theory of using tickets. The casinos have streamlined employee change thefts, and made using slots faster- people waste less time putting tickets in as compared to using their tokens which translates into quicker $$. If we follow the casinos strategy- we can give the old ladies a nickle car wash that costs close to $3 for 40 or 60 lines. Paper money is alot dirtier than coins with $1 bills bordering on gross. I take about 3500 ones or more every week to the bank. I also find it ridiculous to take 50lbs or more in quarters to the bank every week. I sell tokens and use credit cards on some self serve or it would be worse.
The future is still near field technology and apps with smart phones. If i can buy airline tickets- show my barcode on my phone to board a plane, buy on ebay, search the autocare forum--then buy music--then use it as a camera - then facetime someone-- I really should be able to do something as simple as buy car wash time. I ordered an intuit CC reader for my I5 last night--Free-- to sell bulk tokens or take CC's from renters. My daughter is an independent hair stylist and getting one also. She is about the last one in her salon to get one. I stopped at a local deli this week that was using the Ipad as a cash register with a CC dongle. Casinos will never switch to this technology- as people will challenge charges.

 

[robert roman]

A couple of months ago, I took a holiday in Biloxi. As my wife pounded on the slot machines, I took a break and watched people withdraw cash from ATM’s.

What surprised me the most was the number of people who withdrew only a $100 at a time without batting an eye over the $5 fee charged, talk about supply and demand.

As for payment technology, consider cherry.com an online to offline car wash service.

Cherry washers process payments using cell phones equipped with the plug-in “Square” device, 2.75% per transaction or pay flat monthly fee for unlimited.

As for money being germ prone;

According disease specialist at the Mayo clinic, the length of time that cold or flu germs can survive outside the body on an environmental surface such as a doorknob varies greatly. But the suspected range is from a few seconds to 48 hours depending on the specific virus and the type of surface.

Additionally, flu viruses tend to live longer on surfaces than cold viruses do. Also, it's generally believed that cold and flu viruses live longer on nonporous surfaces - such as plastic, metal or wood - than they do on porous surfaces - such as fabrics, skin or paper.

According to UK National Health Service, flu virus can live on a hard surface for up to 24 hours and a soft surface for around 20 minutes.

Propaganda or truth – there is no future for coins at the wash in the long run?

 

[mjwalsh]

No offense Robert, but you really do need to more research on germs such as MSRA on one dollar bills that tend to get sweaty, damp & are more porous than .... easily dried off dollar coins.

Back to the posted homemade video:

I happened to find a fourth link which hopefully is another option for people who are interested. Without being too forward ... I am hoping to get as many likes as possible ... to offset any dislikes that could happen. The fourth source is as follows:

http://www.buzzfeed.com/mikekingkoin/business-owner-perspective-on-dollar-coins-7diu

Those of us who have used a reward card for lots of projects & parts buying have probably experienced thousands of dollars worth of cash rewards & perks over the years. In other words, just because like me they also like credit cards does not mean that we are in favor of allowing our coin & currency to not be properly updated. As I have said many times both publicly & privately, once the the cash option is diminished, electronic transactions USA citizens will tend to not have another option to help keep the banks honest. Just like in our laundromat we are not just competing against other laundromats but also with those people who wash their clothes however at home.

mike walsh king koin of bismarck, north dakota