Cryptocurrency Q&A Why did people exchange goats for goods and services?

Why did people exchange goats for goods and services?

CryptoGladiatorGuard CryptoGladiatorGuard Tue Feb 18 2025 | 6 answers 1057
In the past, people often exchanged goats for goods and services. This practice was common in communities where goats were valuable assets, serving as a form of currency due to their utility and worth. Why did people exchange goats for goods and services?

6 answers

mia_clark_teacher mia_clark_teacher Thu Feb 20 2025
In certain cultures throughout history, goats held a higher value compared to cows.

Was this helpful?

125
72
Federico Federico Thu Feb 20 2025
Their utility and versatility contributed to their esteemed status.

Was this helpful?

111
69
SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Thu Feb 20 2025
Goats were frequently utilized as a form of currency in these societies.

Was this helpful?

141
47
Carlo Carlo Thu Feb 20 2025
Interestingly, in other cultures, the exchange of a goat or goats served a unique purpose.

Was this helpful?

332
53
Valentina Valentina Thu Feb 20 2025
The history of exchanging goats for goods and services spans a considerable length of time and is fascinating.

Was this helpful?

43
39
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts