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There apparently are a lot of very sound arguments for swapping out the $1 note for the $1 coin, including savings of billions of dollars, many major economies have done it with great success. The US has $1 coins in circulation but won't remove the $1 bill, so the transition hasn't stuck. When would be the best time for this transition to occur?

Following on from such a transition, what would happen to the $2 bill? Would waitresses and strippers make more money because the $2 is the smallest note? What about buskers and beggars, will they make more money because the biggest coin is $1?
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