Cryptocurrency Q&A What is demonetized coin?

What is demonetized coin?

GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Tue Dec 03 2024 | 7 answers 1276
I have heard about demonetized coins and I am curious to know what they are. Could someone explain to me the meaning of demonetized coins and the background behind it? What is demonetized coin?

7 answers

Silvia Silvia Thu Dec 05 2024
Their current monetary value has significantly diminished.

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SumoPower SumoPower Thu Dec 05 2024
These notes and coins have ceased to be legal tender.

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benjamin_doe_philosopher benjamin_doe_philosopher Thu Dec 05 2024
They are no longer accepted as a medium of exchange for transactions.

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CryptoWizardry CryptoWizardry Wed Dec 04 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.

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CryptoEmpireGuard CryptoEmpireGuard Wed Dec 04 2024
Specifically, their worth is now equivalent to one thousandth of their original denomination.

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