What is the power to regulate the value of 'coined' money?
Could you elaborate on the power to regulate the value of 'coined' money? Are you referring to the authority that governments or central banks have over the monetary supply and the value of their respective currencies? Or are you referring to the potential for blockchain technologies and decentralized networks to influence the valuation of digital currencies, such as Bitcoin or Ethereum? It's an intriguing question, as the regulation of currency value is a complex and multifaceted issue, involving both traditional and emerging financial systems.
Did ancient Egypt use coined money?
I'm curious to know, did ancient Egypt utilize a system of coined money in their economic transactions? Were there any records or artifacts that suggest they had a form of standardized, minted currency that facilitated trade and exchange? Or did they rely solely on bartering and other non-monetary means of exchange during their civilization's heyday?