How Do ‘Coins’ Get Their Value and Why Are They Used?

Imagine you're trading toys with your friend. Instead of using candy, you use special little discs, like coins. These discs have value because everyone agrees they are worth something. Coins are used because they’re small, easy to carry, and last a long time.

Coins work like tiny promises: if everyone believes in them, they become valuable. That’s why you can use a coin to buy ice cream or pay for a game at the park.