Cryptocurrency Q&A
What is a scrip coin?
What is a scrip coin?
CryptoTitaness
Thu Nov 07 2024
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7 answers
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I recently encountered the term 'scrip coin' and I'm not quite sure what it means. Could someone explain to me what a scrip coin is, its origin, and how it's used in the modern context?
7 answers
SolitudeSerenade
Sat Nov 09 2024
They were widely used in various transactions as a substitute for traditional hard money.
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Elena
Sat Nov 09 2024
Additionally, scrip was also minted in metal rounds.
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SolitudeSeeker
Sat Nov 09 2024
Scrip served as an alternative form of exchange to hard money.
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KatanaSwordsmanship
Sat Nov 09 2024
These metal rounds were commonly referred to as tokens.
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DigitalDynasty
Sat Nov 09 2024
Both paper scrips and metal tokens were accepted as valid forms of payment.
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