As the value of the dollar has slowly gone down over time due to inflation there is a coin the has become almost worthless, the penny. It is only worth 1/100 of a dollar, and it can't buy anything unless you brought 99 other friends to go with your first penny (assuming that the lowest price good that is actually useful is only worth a dollar.) In fact, the only real use a penny or pennies have is to make change that doesn't end in a 5.
This is what stands in he way of getting rid of a practically useless coin, making change with physical currency. However, if people all together stopped using paper and coin currency all at once, then it would be possible to lose the penny without causing any real problems.
Maybe if there wasn't a thing such as inflation, and the value of the U.S. currency stayed around where it was during the 1930s or earlier, then the penny would be worth keeping. However that is not true, therefore we must wait until paper and coin currency becomes obsolete and electronic money in the form of debit/credit cards takes over, which is happening right now.
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