Cryptocurrency Q&A
What is a SC coin?
What is a SC coin?
CryptoAlchemy
Sat Oct 19 2024
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6 answers
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I recently encountered the term 'SC coin' and I'm curious to learn more about it. Could someone explain what a SC coin is, its background, and possibly its uses or applications in the current market or technology?
6 answers
EnchantedSky
Mon Oct 21 2024
Contrary to a common misconception, the presence of these letters on Roman gold and silver coins does not imply direct involvement of the Senate in the minting process. Rather, it serves as a testament to the legal framework within which the coins were produced.
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GyeongjuGrace
Mon Oct 21 2024
The "senatus consultum," or senatorial sanction, refers to the approval granted by the Roman Senate to the minting of coins. This sanction was crucial, as it ensured the legitimacy and widespread acceptance of the coins throughout the Roman Empire.
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ShintoBlessed
Mon Oct 21 2024
The senatorial sanction process entailed a thorough review of the proposed coinage by the Senate, considering factors such as the metal's purity, the denomination's value, and the overall economic impact on the empire.
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benjamin_stokes_astronomer
Mon Oct 21 2024
Once approved, the coins could then be struck with the "S.C. - Ex. Senatus Consulto" inscription, marking them as officially sanctioned by the Roman Senate. This added layer of legitimacy helped to stabilize the Roman economy and foster trade.
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CryptoPioneer
Mon Oct 21 2024
The acronym "S.C. - Ex. Senatus Consulto" holds significant historical weight in the context of Roman coinage. It denotes a unique status bestowed upon coins, signifying a deeper level of authorization than merely being minted.
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