2min chapter

The Forum cover image

Money: From coin to cryptocurrency

The Forum

CHAPTER

What Is Going on With Money?

Coins in Imperial China never had a likeness of the emperor but they sometimes carried the reign title of emperors. This was a reminder that the emperor created money but also created time. And then these coins had a kind of cosmological form. They were round with a square hole, roundness corresponds to young and to heaven and square ness corresponds to yin and to earth. So the round coin with the square hole and the reign title was in many ways a form of political propaganda,. A reminder of the power, the cosmic power, the financial power of the emperor.

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