The hoard included coins, artifacts, and pieces of silver arm-rings, according to a release issued by Manx National Heritage on Wednesday.
More than a millennium before Satoshi Nakamoto invented bitcoin, Vikings and other ancient peoples were employing an early form of cryptocurrency to buy and sell items and services across national and cultural borders.
The new hoard contains many such coins as well as"13 pieces of cut, silver arm-rings" or"hack silver," and"associated artifacts," according to an MNH press release. Comparing the hoard to a wallet or piggy bank, Kristin Bornholdt-Collins, an independent researcher and numismatist based in New Hampshire, noted that its contents were diverse in terms of both age and national origin.
"[B]ullion was especially convenient for international trade since it was practical for any size transaction and was decentralized, a currency without borders or political affiliation; in this sense, it was a modern-day equivalent to a cryptocurrency—we might even say it was something like the original bitcoin," Bornholdt-Collins said.
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