the history of money, history of money, timeline of money, virtual currency, evolution of money, origin of money, digital banking Graphic: From Beads to Virtual Currency Graphic: From Beads to Virtual Currency Graphic: From Beads to Virtual Currency Graphic: From Beads to Virtual Currency
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The History of Money: From Beads to Virtual Currency

We spend it in cash and transfer it with smartphones, but how many of us know its history? Here's a look at the evolution of money over the past few centuries.

From Beads to Virtual Currency

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From Beads to Virtual Currency Money in Colonial Times. Forbidden to mint their own coins, the colonist turned to a variety of solutions -from Native American beads to foreign coins such as Dutch guilders or Spanish pieces of eight, so called because they could be cut into eight bits. The rise of the Greenback. In the century that followed independence, Americans preferred silver and gold coins. In 1900 the country made paper money convertible to gold at a fixed rate. From Physical to Virtual. New products and services are allowing consumers to manage and exchange money in new ways.

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