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Topic of the day
Book with sense
The history of money is a fascinating journey that spans thousands of years, reflecting the evolution of human societies, economies, and trade systems. Money originally took the form of commodity money, such as shells, livestock, or precious metals, which had intrinsic value. Over time, as civilizations grew more complex, coins made of precious metals like gold and silver became more widely used, providing a standardized medium of exchange.
With the rise of empires and trade, paper money was introduced, starting in China during the Tang Dynasty around the 7th century, and later spreading across the world. The concept of banking emerged, and eventually, the modern financial system was born, including central banks and digital currencies. In recent decades, the rise of cryptocurrencies has sparked debates about the future of money and how it could be decentralized, digital, and global.
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