Cryptocurrency Q&A
What is a Standardised coin?
What is a Standardised coin?
Paolo
Mon Nov 25 2024
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6
answers
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I'm curious about standardized coins. What exactly are they? Are these coins that have been through some sort of standardization process? If so, what does this process entail? I'd like to understand the concept better.
6 answers
SumoMight
Wed Nov 27 2024
The concept of standard coinage in English refers to a monetary system.
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Elena
Wed Nov 27 2024
In this system, the value of coins is equivalent to the metal they are composed of.
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KimchiQueenCharmingKissWarmth
Wed Nov 27 2024
This ensures that the coins have intrinsic value.
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CryptoNerd
Wed Nov 27 2024
The Roman Empire employed such a system.
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CryptoBaron
Tue Nov 26 2024
Silver played a significant role in the Roman Empire's standard coinage.
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