What is the author's opinion of the penny?

in the story Abolishing the Penny Makes Good Sense by Alan S. Blinder

In the short story Abolishing the Penny Makes Good Sense written by Alan S. Binder, the author denied the usefulness of one of the most common entity in the society and most of us hold dearly and relevant. With this view of penny, the author received several opposing feedback because of the divided view when it comes to how we view penny and its importance.