Question

what is the disadvantage in using precious coins as medium of exchange​

Answer 1

Answer:

A possible disadvantage is that there is scarcity which normally is a positive attribute however there is also a possibility of cornering the market on the sources of gold for the most part and to some degree silver and thereby manipulate the price of currency based on manipulating the price of the precious metal.

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Answer 2

Answer:

A possible disadvantage is that there is scarcity which normally is a positive attribute however there is also a possibility of cornering the market on the sources of gold for the most part and to some degree silver and thereby manipulate the price of currency based on manipulating the price of the precious metal.