Cryptocurrency Q&A
What are examples of token money?
What are examples of token money?
EnchantedPulse
Sat Nov 09 2024
|
6 answers
1658
I'm curious about token money and would like to know some examples of it. Can anyone provide me with instances or types of token money that are commonly used or recognized?
6 answers
CryptoWizardry
Sun Nov 10 2024
Token money differs significantly from commodity money.
Was this helpful?
306
38
GyeongjuGloryDays
Sun Nov 10 2024
Token money's worth is not based on the material it is made from.
Was this helpful?
275
38
AltcoinAdventurer
Sun Nov 10 2024
Commodity money possesses intrinsic value because of the material it is composed of.
Was this helpful?
302
41
Skywalker
Sun Nov 10 2024
Modern-day coins and paper currency are examples of token money.
Was this helpful?
275
53
Daniela
Sun Nov 10 2024
Materials such as gold and silver are commonly used to create commodity money.
Was this helpful?
237
73
Load 5 more related questions
