Today’s Solutions: February 04, 2023

Australia has created a coin unlike any other in the world. It is a new Australian $1 coin that can be spent like any other money but is intended to be given away to people in need. With an image of Queen Elizabeth II on one side of the coin, the other side is stamped with the message: “Donation Dollar: Give to help others”.

The special coin, which has a green center surrounded by gold, was designed in a bid to boost Australia’s declining levels of philanthropy. The initiative is the first of its kind and is backed by research that found most Australians—57 percent—said they would likely donate the coin if they were in possession of it. The Royal Australian Mint chief executive Ross MacDiarmid said the aim was to promote charity, even if that meant simply thinking about giving.

Australia has already begun pressing 25 million of these charitable coins, roughly one for every Australian. If every Australian gave one Donation Dollar a month, the government says, it could raise an additional $300 million for charity every year. The idea is that the more the dollar circulates, the more the green in the center of the coin will wear away to reveal a series of gold ripples, symbolizing the ongoing impact of the donation dollar.

Solutions News Source Print this article
More of Today's Solutions

Got old electronics? Here’s how to dispose of them properly

Do you have a digital camera? Do you still use it, or does it sit quietly in a desk drawer, out of a job ...

Read More

Follow these 5 steps to develop real empathy

Empathy does not mean you understand someone’s experience because you have been there, too. You can never really know what someone is going through ...

Read More

This series will take you to the world’s most ingenious homes

We at the Optimist Daily are always curious about the latest developments in architecture and design. It came to our attention that Apple TV+ has ...

Read More

Study: Eating dinner early can help you lower blood sugar and burn fat

Conventional wisdom is that a calorie is a calorie, no matter when you eat it, and that weight gain is caused by eating more ...

Read More