the history of money

5000 years ago

5000 BCE

Historians belived that from very early times barter and exchange were the main way of trading goods and services.

1,100 B.C

1100 BCE

1,100 B.C., the Chinese moved from using actual tools and weapons as a medium of exchange to using miniature replicas of the same tools cast in bronze Read more: The History Of Money: From Barter To Banknotes http://www.investopedia.com/articles/07/roots_of_money.asp#ixzz4k4I70rFG
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Coins and Currency

600 BCE

In 600 B.C., Lydia's King Alyattes minted the first official currency. The coins were made from electrum, a mixture of silver and gold that occurs naturally Read more: The History Of Money: From Barter To Banknotes http://www.investopedia.com/articles/07/roots_of_money.asp#ixzz4k4IocThz
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Paper Money

Jan 1, 1685

canadian colonies began to use paper money too and this innovation led to a huge increase in irtenational trade

Mobile Payments

Jan 1, 2017

A mobile payment is money rendered for a product or service through a portable electronic device such as a cell phone, smartphone or PDA. Mobile payment technology can also be used to send money to friends or family members.