There are currently at least 13,000 different cryptocurrency tokens in existence. Can all of these new forms of digital money survive? 17th-century London might provide an unexpected answer.
Tag: history
Stories from history that illustrate our desire to get something for nothing is as old as humanity.
Operation Bernhard – The Nazi plot to carpet bomb Britain with fake pounds
Learn the story behind Operation Bernhard, the Nazi plan to counterfeit British pounds and then drop them on the UK to cause economic chaos.
What are the origins of money?
When you learn how our need for money first emerged, it might change how you value your time and energy today.
From salary to the dollar, the disputed origins of money terms
Where did the dollar symbol come from? Why is the word salary connected to Roman soldiers and salt? Discover the disputed origins of common money terms.
Historical Myths About Money – From Salt to Barter
Have you heard the story about where the word salary comes from? If it relates to Roman soldiers, I’ve got some bad news. It’s one of the most popular historical myths about money.
Why can’t you create your own money?
Why can’t you create your own money? Fuck about and find out. While historical punishments for counterfeiters and coiners included being fed to wild beasts or hung, drawn and quartered, the modern protection of monetary privilege is more subtle but not less determined.
What was the punishment for coin clipping?
Find out about the violent and painful punishment for coin clipping, why coiners were executed as traitors, and the gory details of being hung, drawn and quartered.
10 of history’s strangest forms of money
The evolution of money has taken some surprising turns, so we’ve gathered 10 of history’s strangest forms of money from salt to shells and giant doughnut-shaped rocks.
From rags to royalty: Three 19th century rogues who claimed their own kingdoms
Fake it til you make it might be a 21st-century mantra, but a trio of 19th-century rogues who claimed their own kingdoms set a high bar. Meet the Second Baron of Arizona, the Copra King of the South Seas and the Prince of Poyais.
The Great Recoinage of 1696: When England ran out of money
Learn how the Great Recoinage and two of the nation’s greatest thinkers, John Locke and Isaac Newton, saved 17th-century England from running out of money due to coin clippers, counterfeiters & speculators.