Gold and silver coins:
Money has been used in a thousand eras; when people have traded goods directly, it’s called barter. Until 600 BCE, people in Lydia (present day part of Turkey) used to be able to buy and sell coins. These gold and silver coins were easy to transport and trade.
The first currency in history:
Cash money:
Later, about the seventh century AD, people invented writing money to simplify trade, especially in transporting goods over long distances. This idea spread to other states, and in the near future, the common use of sheet money will be widespread.
Today, different territories are using unique currencies, admiring the dollar in The States, the pound in the combined Kingdom, and Japan’s hankering for the Rising Sun. Individual currencies have a value, and individuals exchange them when they travel or trade internationally.
Electronic money:
Electronic money has been popular in recent years with financing card games, mobile payments, and online financial transactions. The shape of money has evolved beyond this period, but its purpose remains the same: assisting citizens to buy and trade goods close to the universe.
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