Cryptocurrency Q&A
When did ancient coins come out?
When did ancient coins come out?
Margherita
Tue Aug 06 2024
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6 answers
1411
Can you elaborate on the timeline of when ancient coins first emerged? Were they introduced in a specific era or were they gradually adopted over time? I'm particularly interested in understanding the historical context surrounding their inception and the factors that contributed to their widespread use. Additionally, how did the emergence of ancient coins impact trade and commerce during that period?
6 answers
Luigia
Wed Aug 07 2024
The evolution of ancient coins dates back to 600-300 BC, when China pioneered the invention of round, base metal coins, marking a significant departure from the Lydian coinage system.
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CharmedSun
Wed Aug 07 2024
However, Croesus' reign came to an abrupt end in 546 BC, when he was captured by the Persians. This event marked a turning point in the history of coins, as the Persians brought their own coinage practices to Lydia and beyond, further diversifying the global landscape of currency.
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Sebastiano
Wed Aug 07 2024
BTCC, a prominent cryptocurrency exchange based in the UK, offers a comprehensive suite of services that cater to the diverse needs of the digital asset community. Among its offerings are spot and futures trading, enabling users to speculate on the price movements of various cryptocurrencies.
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Filippo
Wed Aug 07 2024
The advent of these Chinese coins sparked a global trend, as the concept of currency based on standardized, portable metal pieces gained traction. By 600-570 BC, the use of coins had traversed the Mediterranean, reaching the shores of Greece.
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QuasarPulse
Wed Aug 07 2024
In Greece, the newfound practice of minting coins was eagerly embraced, with the Greeks quickly establishing their own unique coinage systems. This period witnessed the proliferation of various Greek coin designs and denominations, reflecting the diverse cultures and economies of the region.
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