Episode 42: History of Money

The first bank bailout in history, happened in Rome in 33 A.D. The first medium of exchange was the barter system and this was replaced by Commodity Money. Coins were first minted in Lydia (modern day Turkey) and Chinese were the first to make paper money. Money continued to evolve and the latest disruption has been digital currency, aka Bitcoin.

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This episode was published on September 17, 2022.

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