Found a treasure of Vikings with an analogue of modern bitcoin

An amateur treasure hunter on the Isle of Man has discovered a Viking Age "piggy bank" treasure chest that

contains a thousand-year-old analogue of today'sbitcoin. The newly discovered treasure includes 87 silver coins, chopped silver and several other artifacts. This is according to Manx National Heritage, the heritage charity for the Isle of Man in the Irish Sea.

“A huge amount ofchopped silver, as in the Glenfab deposit on the Isle of Man in 2003,” said Christine Bornholdt Collins, an independent researcher and numismatist from New Hampshire who studies the Viking Age economy of the Isle of Man and the Irish region. seas.

Most likely, chopped silver was useful forinternational trade because it was practical for transactions of any size and was decentralized. It is a currency without borders or political affiliations. “In this sense, it was the modern equivalent of cryptocurrency—you could even say it was something like the original Bitcoin,” Collins notes.

Chopped silver is pre-coin period money.In the course of commercial transactions, pieces of silver were weighed. They were also hidden, turning them into a treasure. Chopped silver was especially often used in the regions adjacent to the Baltic Sea, when carrying out trade transactions with the East.

Chopped silver is chopped jewelry,silver bars, wire and coins. At the end of the 11th - beginning of the 12th century, it was replaced in the north-east of Western Europe by coins of local origin. Use is also attested in Asia Minor and Egypt. 

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