Cryptocurrency Q&A
What is currency of origin?
What is currency of origin?
Sara
Mon Nov 04 2024
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7
answers
883
I'm trying to understand the concept of 'currency of origin'. Could someone explain what it means and how it's used in financial transactions or international trade?
7 answers
SakuraTide
Wed Nov 06 2024
It represented grain stored in temple granaries.
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EthereumEmpire
Wed Nov 06 2024
This was the case in Sumer, an ancient region in Mesopotamia.
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ethan_thompson_journalist
Wed Nov 06 2024
Similarly, Ancient Egypt also used currency in this manner.
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CryptoLodestar
Wed Nov 06 2024
In the first stage of currency's evolution, metals played a crucial role.
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PearlWhisper
Wed Nov 06 2024
Currency originated as a form of receipt.
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