Cryptocurrency Q&A
Why is 1 pound called a quid?
Why is 1 pound called a quid?
amelia_doe_explorer
Sun Nov 10 2024
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5 answers
1017
I don't understand this question. Could you please assist me in answering it?
5 answers
SsangyongSpirit
Tue Nov 12 2024
One theory suggests that the term "quid" stems from the Latin phrase "quid pro quo," which translates to "something for something."
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Maria
Tue Nov 12 2024
Another possible explanation is that "quid" originated from the name of a place, Quidhampton.
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Sara
Tue Nov 12 2024
It is rumored that there was once a royal paper mill located in Quidhampton, which could have led to the association of the term "quid" with money.
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Starlight
Tue Nov 12 2024
The origin of the term "quid" for pounds is not entirely clear.
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CryptoPioneer
Tue Nov 12 2024
Like the dollar being informally known as a "buck," the pound's nickname as "quid" also lacks a definitive answer.
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