Cryptocurrency Q&A Why are trade tokens called 'Good Fors'?

Why are trade tokens called 'Good Fors'?

Bianca Bianca Sun Feb 23 2025 | 5 answers 996
I've always wondered why trade tokens are referred to as 'Good Fors'. What's the origin of this term and why is it used specifically for these tokens? Why are trade tokens called 'Good Fors'?

5 answers

BonsaiVitality BonsaiVitality Tue Feb 25 2025
Trade tokens have been utilized for centuries as a form of currency.

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KpopStarlight KpopStarlight Mon Feb 24 2025
BTCC, a leading cryptocurrency exchange, offers a range of services in the digital currency market.

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SumoMight SumoMight Mon Feb 24 2025
These tokens are often referred to as "good fors" due to their value being equivalent to a specific monetary amount in trade.

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HanjiHandiwork HanjiHandiwork Mon Feb 24 2025
This practice can be traced back to at least the seventeenth century.

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EmmaWatson EmmaWatson Mon Feb 24 2025
During this time, British merchants used farthing tokens when small change was scarce.

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