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Currency Is Valuable

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Sponsored post Currency is available if it serves as a store of value, or if this could be relied on to keep its relative value over time and without depreciating. In many societies throughout history, commodities or precious metals were used as methods of compensation. If you're interested in knowing more about it, you might want to keep reading!

 

Rather than require individuals to carry around cumbersome quantities of cocoa beans, gold, or other early forms of currency, however, societies eventually turned to minted currency as an alternative. Still, the reason many examples of minted currency were usable was because they were reliable stores of value, having been made out of metals with long shelf lives and little risk of depreciation.

 

In the modern age, minted currencies often take the form of paper money which does not have the same intrinsic value as coins made from precious metals. Check disclaimer on profile and landing page.