Cryptocurrency Q&A Did ancient Egyptians use coins or paper money?

Did ancient Egyptians use coins or paper money?

Thunderbolt Thunderbolt Fri Aug 09 2024 | 7 answers 1793
Have you ever wondered if the ancient Egyptians, known for their intricate hieroglyphics and magnificent pyramids, used a form of currency that we would recognize today? Did they rely on coins, minted with precious metals, or perhaps a more modern concept like paper money? As we delve into the history of finance, it's intriguing to consider what tools the Egyptians employed to facilitate trade and commerce. So, let's explore the question: Did ancient Egyptians use coins or paper money, or did they have an entirely different system of exchange? Did ancient Egyptians use coins or paper money?

7 answers

Martina Martina Sun Aug 11 2024
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FantasylitElation FantasylitElation Sun Aug 11 2024
These units of weight served as a means of exchange and allowed for the smooth transaction of goods and services.

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SeoulSerenitySeeker SeoulSerenitySeeker Sun Aug 11 2024
The system was based on the inherent value of the metal itself, rather than on any abstract notion of currency.

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Silvia Silvia Sun Aug 11 2024
Over time, as societies evolved and technology advanced, the concept of currency also changed.

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Martino Martino Sun Aug 11 2024
In the ancient world, the concept of currency was vastly different from what we know today. The Egyptians, for instance, did not rely on coins or paper money in their monetary system.

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