The History of Money: Barter, Fiat and Bitcoin
1 year ago
18
According to @sprouts, Money has evolved over time from bartering to the use of coins, paper, and digital transactions. Early forms of it included livestock, which then gave way to the use of precious metals like gold and silver. Paper currency was first introduced in China in the 7th century and then banks emerged. Today, some people have started to use digital currencies like Bitcoin. But what is money and how did it come about?
@sprouts makes educational videos
about psychology, pedagogy, and child development. They publish them on Creative Commons so students, teachers, and parents can use them for free. To download their videos go to www.sproutsschools.com. To support their work go to www.patreon.com/sprouts
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