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SYSK Selects: How Currency Works

Stuff You Should Know

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The Evolution of Currency

This chapter explores the historical origins and transformation of currency, from ancient coins in Lydia to the rise of electronic money. It discusses the interplay between intrinsic value and authority, the introduction of paper money, and the gradual shift towards a cashless society. The speakers also reflect on the growing trust in digital transactions and the potential impact of digital currencies like Bitcoin.

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