how did money start
Share
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
Reset Your New Password Now!
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this memory should be reported.
Please briefly explain why you feel this user should be reported.
The barter system likely originated 6,000 years ago. The first coin we know of is from the 7th century BC and the first paper money came into the world around 1020 AD. Eventually, medieval banking systems gave way to the gold standard, which in turn gave way to modern currency.
As money is considered more precious.and as a legal tender to it start by a general acceptable metal to be value as a high quality and also to be used in the purpose for purchasing and the settlement of debt
I think money started in Africa when the western world decided to colonize us,
From barter trade which was exchange of goods for goods to use of cowrie shells which later evolved into money.
And now money is the biggest cause of death in the world