Cryptocurrency Q&A
What type of coins were used in the 11th century?
What type of coins were used in the 11th century?
CosmicDreamWhisper
Fri Aug 09 2024
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6 answers
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Could you elaborate on the types of coins that were prevalent in the 11th century? Were they primarily made of gold, silver, or some other metal? Were there any specific denominations or designs that were common during this period? Additionally, how did the use of these coins compare to other forms of currency, such as bartering or the exchange of goods and services? Understanding the context and specifics of the coins used in the 11th century can provide valuable insights into the economic and social landscape of that time.
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6 answers
CryptoPioneer
Sun Aug 11 2024
While some feudal pennies bore the name of a king or emperor, they were primarily minted by local barons, bishops, and abbots. This decentralized system allowed for a wide variety of designs and weights, reflecting the diversity of Europe's political and economic landscape.
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CryptoMystic
Sun Aug 11 2024
Cryptocurrency and finance have emerged as two interconnected fields that have revolutionized the way we conduct transactions and manage wealth. With the rise of digital currencies, new opportunities for investment and exchange have arisen, transforming the global financial landscape.
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CryptoNinja
Sun Aug 11 2024
In the 11th century, Europe's coinage system was dominated by "feudal pennies," which were made of billon, a copper alloy containing 30-40% silver. These coins, also known as denier, denaro, or pfennig, weighed approximately 1.3 grams and served as the primary medium of exchange.
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Raffaele
Sat Aug 10 2024
Today, the cryptocurrency market offers a similar level of diversity and decentralization. With numerous digital currencies available, investors can choose from a wide range of options, each with its own unique features and potential for growth.
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GyeongjuGrace
Sat Aug 10 2024
One of the leading cryptocurrency exchanges in the UK is BTCC. Offering a comprehensive range of services, including spot and futures trading, as well as a secure wallet solution, BTCC has become a trusted platform for investors and traders alike.
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