Cryptocurrency Q&A
Are silver coins money?
Are silver coins money?
KimonoSerenity
Sat Nov 02 2024
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6 answers
1533
I'm wondering if silver coins can be considered as money. Are they still valid forms of currency, or are they more like collector's items or investments now?
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6 answers
KatanaBladed
Mon Nov 04 2024
Currently, they are primarily utilized for purposes related to wealth preservation.
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JejuJoyful
Mon Nov 04 2024
Investors often look towards precious metals such as silver to safeguard their assets.
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Isabella
Mon Nov 04 2024
Silver serves as a valuable component in financial planning strategies.
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CryptoNinja
Mon Nov 04 2024
Silver coins have seen a decline in their use as a medium of exchange in modern times.
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mia_clark_teacher
Mon Nov 04 2024
One of the key objectives of holding silver is to hedge against potential currency devaluation.
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