“Only cash is true” – a phrase many Austrians would endorse. Because they still prefer coins and banknotes as means of payment. A coin that few people have in their wallets: Austria’s oldest coin. Where did this come from and why it was struck not in Vienna but in the Waldviertel – asked the “Krone”.
The debate over whether cash should be enshrined in the constitution is currently hotly debated. Where people paid with silver coins about 900 years ago, it is now very easy to pay with a card, smartphone or even smartwatch. A silver pfennig was then considered “cash”. This was minted in a town in the Waldviertel, which is considered the oldest coin of the Babenbergs.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
