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What Islamic coin collecting taught me about alternative currency

http://silverunderground.com

There’s actually quite a bit to learn from the history of Islamic coinage that could benefit the alternative currency movement today. In the 7th century the Arabian Peninsula was inhabited almost entirely by nomadic tribes of Bedouins. Arabian markets were flush with Roman and Persian silver coins, but when those Empires began debasing their currencies Muslims began to mint their own. So, from the outset the industry of Islamic coins was a movement to provide an honest alternative to fraudulent currency.

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MuslimNonarchist's picture
Created by MuslimNonarchist 2 years 1 day ago – Made popular 2 years 12 hours ago
Category: Money   Tags:

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