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Real Money


Ancient Beginnings (3000 BC – 500 AD)

  • 🪙 The Use of Commodity Money (3000 BC)

    Event Description
    Origin of Money Early civilizations used items like grains, shells, and livestock as a medium of exchange.
  • 🏺 The Invention of Metal Coins (600 BC)

    Event Description
    First Coins The first standardized coins were created in Lydia, establishing a system of currency.
  • 📜 Introduction of Paper Money (7th Century)

    Event Description
    China’s Innovation China introduces paper money during the Tang Dynasty, revolutionizing trade.

Middle Ages to the Renaissance (500 – 1600)

  • ⚔️ Feudal Money Systems (9th Century)

    Event Description
    Barter Systems During feudalism, barter systems predominated due to limited currency availability.
  • 🏛️ The Medici Bank (14th Century)

    Event Description
    Banking Innovation Establishment of one of the first modern banks, facilitating loans and currency exchange.

Modern Currency Evolution (1600 – 21st Century)

  • 💵 The Gold Standard (19th Century)

    Event Description
    Gold Standard Adoption Countries linked their currencies to gold, establishing fixed exchange rates.
  • 💳 Credit Cards Revolution (1950s)

    Event Description
    Introduction of Credit Cards Revolutionized purchasing by allowing consumers to borrow funds for transactions.
  • 🌐 The Rise of Digital Currency (21st Century)

    Event Description
    Cryptocurrency Emergence Bitcoin introduces blockchain technology as a decentralized currency system.