Evolution from now to then

The history of money transactions!

  • 1100 BCE

    Weapons for money

    Weapons for money
    The Chinese people and other civilizations used, daggers and knives and other weapons in transactions for goods, bronze, and other commodities.
    https://theconversation.com/when-and-why-did-people-first-start-using-money-78887
  • 600 BCE

    First time humans use coins

    First time humans use coins
    Gold coins and silver were good materials to trade with. They were worth a lot. They were relatively easy to find(depended on where you live) ; you could find them inside your backyard or so
  • 1500

    Potlach currency

    Potlach currency
    Back in the 1500's Chikook was a country that gave their relatives gifts and performed dances as currency to pay their relatives.
  • Period: to

    People use toys and cards as payment!

    Some people in different countries used playing cards and toys in the military to trade with people who needed them. They gave paper currency in return. The cards were used in countries such as, Australia or, England or even France! Also, at around this time, we invented debt!
    https://www.investopedia.com/articles/07/roots_of_money.asp#coins-and-currency
  • Credit cards are involved

    Credit cards are involved
    In 1946, the first credit card was created. If you don't know, the way that credit cards work is they swipe the paying register. Then the money goes to your account and you have to pay the money that you used with a credit card with cash or check. Basically, credit cards are just ways to pay if you don't cash on you. It turns out that the credit card was successful. How do we know that? Because we still use credit cards to this day!
  • Online currencies first apperance

    Online currencies first apperance
    Apple Pay and other online paying apps started having all their products come with the paying app for free. Since this method of paying was so much easier, a lot of people tried out the new app and found that paying was quicker. To this day, a lot of people are paying with the paying app.
  • Coins for money

    Coins for money
    Ever since people first trading coins for dollars or dollars for coins, people now love trading coins and dollars. For example, in India, trading coins for dollars, is considered very good luck. Especially on religious holidays!
  • Bitcoins and Cryptocurriencies!

    Bitcoins and Cryptocurriencies!
    Bitcoin and other cryptocurriencies start coming into the market and become popular at around the start of its creation. When Bitcoin first started, each bitcoin was worth 33 cents. Now, each bitcoin is worth around $20000!
    https://www.investopedia.com/articles/investing/123015/if-you-had-purchased-100-bitcoins-2011.asp