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Understanding Money: The World of Coins

In part 2 of the series, we’re explaining all about how coins appeared .

Some of the early versions of metal coins.

Coins predate the fiat

Some nations already had functioning economies

Image carrying cowry sheels through vast distances.

Representative money didn’t travel

Metal travels just fine, though

Lydia created the first stamped gold and silver coins.

Standardisation is what changed everything

Every coin you’ve ever seen descends from Lydian money

The world would catch up really quickly after that

Next time…

Oh, before we go!

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