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[{$pagename}] is Any [Entity] or [verifiable|Verification] record that fulfills these functions.
[{$pagename}] is Any [Entity] or [verifiable|Verification] record that fulfils these functions.
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!! The History of [{$pagename}]
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! Start of [Barter]
!! Paper Money
When the Venetian merchant Marco Polo got to [China], in the latter part of the thirteenth century, he saw many wonders—gunpowder and coal and eyeglasses and porcelain. One of the things that astonished him most, however, was a new invention, implemented by Kublai Khan, a grandson of the great conqueror Genghis. It was paper money, introduced by Kublai in 1260.
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* 9000 BC - [Humans] grew crops and raised cattle to service. They exchanged these items for other items they needed at the time.
* 2279 BC - The Ancient Babylonians established a form of measurement for money called "shekel.” It was based on the weight of different items and that measurement was used for trading goods like barley to [gold].
! [Shell Money|Wikipedia:Shell_money|target='_blank'] TO Coins
* 1300 BC - [Africa], South Asia, [Australia], Oceania and parts of [Europe] used [Shell Money|Wikipedia:Shell_money|target='_blank'].
* 1000 BC - Chinese civilizations used a standardized currency in the shape of miniature replicas of knives and spades. These eventually evolved into round shaped coins with holes in the middle.
* 687 BC - The first ever official currency ever was made in modern day Turkey by King Alyattes of Lydia. It was a coin that featured a roaring lion's head and it was minted out of [gold].
* 300 BC - The Roman Empire issued its own currency called Denarius. These coins were minted out of silver and featured symbolic images about the Roman Republic.
! PAPER MONEY
* 118 BC - The Chinese issued the first ever leather banknote, made out of deerskin and painted with bright colors.
* 700 -1000 - A copper shortage during the Tang Dynasty in [China] introduced the first use of paper banknotes.
* [1290|Year 1290] - Marco Polo is credited for introducing the idea of paper money to Europeans after he discovered the Chinese using it.
* [1661|Year 1661] - The first ever European banknotes were printed in Sweden.
! GOLD STANDARD
* [1800|1800s] - The gold standard combined the best aspects of paper money and coins. This allowed banks to create money while backing up its value with precious metals.
* [1879|Year 1879] - The [United States] adopts gold as its official standard of value. Americans were allowed to trade $20.67 for an ounce of gold.
* [1933|Year 1933] - The Great Depression forced the US to abandon the gold standard and the government soon pumped money into the economy to stimulate recovery. Other countries followed suit.
! [CREDIT CARDS|Payment Card] AND [Mobile] [BANKING|Bank]
* [1950|Year 1950] - The Diners' Club releases the first ever [credit card|Payment Card]. More than 20 restaurants in New York paid for bills without using cash.
* [1967|Year 1967] - England received the world's first ATM.
* [1999|Year 1999] - Mobile banking begins in Europe.
! [Bitcoin] AND [Cryptocurrency]
* [2008|Year 2008] - [Satoshi Nakamoto] posted a paper titled "[Bitcoin]: A Peer to Peer Electronic Cash System." It promised lower transaction fees compared to traditional payment systems. The first Bitcoins were mined by computers performing mathematical equations.
* [2018|Year 2018] - [Bitcoin SV] ([BSV]) was created out of the hard fork of [Bitcoin Cash] (BCH) on November 15. Businesses and developers migrated from [BCH] to Bitcoin SV's ecosystem because it seeks to emulate the proposed original vision of Bitcoin through emphasis on scaling onchain as fast as possible.
! WHAT'S NEXT
It is expected that [blockchain] technology will continue to positively impact change at economic, social and governmental levels.
Bitcoin SV as designed by Satoshi Nakamoto, is the only blockchain with a stable [protocol] and scaling roadmap to become the world’s new money and global public blockchain for enterprise.
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* [#3] - [https://buybsv.com/|https://buybsv.com/|target='_blank'] - based on information obtained 2021-10-16
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