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Colonial notes
Colonies in Massachusetts started issuing currency for military expeditions. -
Continental Currency
Continental congress issues currency to finance the revolution. This money was instantly worthless due to no backing and counterfeiting. -
Dollar Sign Created
The united states dollar sign ($) was created by combining the letters u and s for united states then removing the bottom of the u making it an s with 2 lines through it. -
National Bank established
Alexander Hamilton creates the national bank to regulate money in the us. -
Demand notes issued
This is when demand notes known as "greenbacks" were printed. -
George Washington on $1 bill
This was the first time George Washington was featured on the $1 bill. -
Treasury notes
Treasury notes begin to be created by the treasury that have no real world connection to gold or silver. -
Federal Reserve created
President Woodrow Wilson signed into effect a document that created the federal reserve as the national bank which started printing federal reserve notes. -
$500, $1000, $5000, and $10000 bills issued
Federal reserve starts printing 500 1000 5000 and 10000$ bills for bank transfers and normal use. -
Serial numbers added.
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credit card invented
The first credit card known as the Diners Club Card is introduced. -
united states notes discontinued
United states notes were discontinued leaving only federal reserve notes. -
Cryptocurrency Introduced
This is when bitcoin was created using a blockchain security system to transfer money securely. -
$100 bill redesign
More security features were added to the most valuable bill such as holographic printing.
