Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

Edward Jones; Laurence Jones

Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

Cyfieithiad o deitl y cyfraniad: Dyma beth allai'r byd crypto ei ddysgu o'r arian cyfredol oedd yn cael ei dalu i weithwyr yng Nghymru ganrifoedd yn ôl

Ysgol Busnes Albert Gubay

Allbwn ymchwil: Cyfraniad at gyhoeddiad arbenigol › Erthygl

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Toceiddio yw’r broses o gynrychioli ased sy’n bodoli eisoes ar gyfriflyfr drwy gysylltu’r gwerth economaidd neu’r hawliau sy’n deillio o’r asedau â “thocyn”. Gall tocynnau o'r fath fod yn ddigidol neu yn faterol. Mae arian digidol wedi'i gynllunio i weithredu fel cyfrwng cyfnewid fesul rhwydwaith cyfrifiadurol. Dydy'r dechnoleg ddim yn ddibynnol ar unrhyw awdurdod unigol, fel llywodraeth neu fanc, i gynnal y rhwydwaith. Eto, mae hyn yn debyg i sut y defnyddiwyd tocynnau materol gan gwmnïau mwyngloddio Cymru.

Cyfieithiad o deitl y cyfraniad	Dyma beth allai'r byd crypto ei ddysgu o'r arian cyfredol oedd yn cael ei dalu i weithwyr yng Nghymru ganrifoedd yn ôl
Iaith wreiddiol	Saesneg
Cyhoeddiad arbenigol	The Conversation
Statws	Cyhoeddwyd - 27 Meh 2023

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https://theconversation.com/welsh-mining-towns-had-alternative-currencies-200-years-ago-heres-what-the-crypto-world-could-learn-from-them-205511Trwydded: CC BY-ND

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abstract = "While cryptocurrencies get a lot of attention today, in some ways they are not a revolutionary concept. Hundreds of years ago, workers in Wales were often paid with alternative currencies instead of money. These currencies were physical tokens that represented and were linked to the value of real money. Many cryptocurrencies work in a similar way, acting as digital tokens that represent a ledger of financial assets (this is known as {\textquotedblleft}tokenisation{\textquotedblright}).",

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AB - While cryptocurrencies get a lot of attention today, in some ways they are not a revolutionary concept. Hundreds of years ago, workers in Wales were often paid with alternative currencies instead of money. These currencies were physical tokens that represented and were linked to the value of real money. Many cryptocurrencies work in a similar way, acting as digital tokens that represent a ledger of financial assets (this is known as “tokenisation”).

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Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

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