Ancient Beginnings (3000 BC – 500 AD)
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Invention of Coinage 🪙
Year Event circa 600 BC The Lydians mint the first coins in gold and silver. -
Emergence of Paper Money 📜
Year Event circa 7th century China introduces paper money during the Tang Dynasty.
Middle Ages (500 AD – 1500 AD)
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The Rise of Banknotes 💵
Year Event 1661 Sweden issues the first European banknotes. -
Gold Standard Adoption 🏅
Year Event 1717 Sir Isaac Newton establishes the gold standard in Britain.
Modern Era (1500 AD – Present)
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The Great Depression 📉
Year Event 1929 The economic crisis leads to significant changes in monetary policy. -
Advent of Digital Currency 💻
Year Event 2009 Bitcoin is introduced, marking the rise of cryptocurrencies. -
Central Bank Digital Currencies (CBDCs) 🌍
Year Event 2020-Present Countries explore and implement their own digital currencies.
For more information on historical currencies, you can visit
History.com
or explore more about the emergence of cryptocurrencies.