Cryptocurrency Q&A
Was the 1776 dollar the first coin of the Confederation?
Was the 1776 dollar the first coin of the Confederation?
KimonoElegance
Mon Dec 16 2024
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6 answers
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I'm wondering if the 1776 dollar was actually the first coin issued by the Confederation. I'd like to know its historical background and whether it marks the beginning of the Confederation's currency system.
6 answers
amelia_doe_explorer
Tue Dec 17 2024
It is speculated that the dollar coin was intended to replace the 1 dollar paper bill, which was in short supply during the years from 1776 to 1771.
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EchoPulse
Tue Dec 17 2024
The 1776 continental currency dollar remains an intriguing piece of American history.
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CharmedClouds
Tue Dec 17 2024
The paper bills were not emitted in sufficient quantities, leading to a demand for an alternative form of currency.
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CryptoLegend
Tue Dec 17 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the evolving needs of the digital asset market.
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Silvia
Tue Dec 17 2024
Despite the lack of official documentation authorizing its issuance and use, many believe it to be the first coinage of the newly formed confederation.
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