20 Interesting Facts About Money.

Money ... We hear about it, talk and think about finances almost every day of our lives. Indeed, all these bills, coins and various currencies have long become an integral part of the life of every modern person. But if you think carefully, what do we really know about money? And then we will tell you 20 interesting facts about money, which, perhaps, will allow you to learn something new.

1. The Best Money.

The most common form of money at all times has been cattle. Regardless of the economic situation in different eras, it was cows, goats, bulls, rams and other animals that were considered the greatest value, and the rich man was the one who owned the largest herd in the area.

2. The emergence of banknotes.

Do you know when the first paper money appeared in the world? This actually happened in 812 BC in China. Interestingly, most of this money was used for ritual burning at the stake during the burial of the dead. It was believed that in this way they would receive this money in the new world and be able to live happily there.

3. Usability.

By the way, it was in China that the most practical and reliable money in the world was made. Moreover, these were not coins of gold or silver, but much more functional things - tools, interior items, cutlery, all of which were made of bronze and had stamps on them. This original money was used as early as the second millennium BC.

4. Eternal debtors.

And if we talk about the unusual monetary traditions of the world, the Celts were distinguished by interesting morals. These people could quite easily borrow money from their fellow tribesmen, promising that they would give it back after death in another world.

5. Desirable banknote.

We are all accustomed to standard dollar bills of 1, 10 or 100 dollars. However, few people know that the $ 100,000 bills were issued in 1934. Originally used between banks, these notes are now immensely popular among wealthy collectors.

6. High cost of production.

Here it is appropriate to mention that the first such banknote in denomination of $ 100,000 cost the US budget an impressive $ 30,000.

7. Advertising projects.

It is noteworthy that in 2004 in America they seriously considered a bill to allow advertising on dollar bills. Fortunately, there was little support for this idea.

8. Euro.

And what do you think is the most popular bill in the world today? If you think that this is a 100 dollar bill, you are very wrong. In fact, the most popular bill today is the 500 euro bill.

9. 10 kilograms.

If you manage to collect a million in bills of 100 dollars, then when weighing, all this money supply will weigh about 10 kg.

10. Impressive weight.

And if you can save 1 million dollars in coins of one cent and want to weigh them, then you will have a record weight of 246 tons.

11. Practical builders.

Have you ever wondered what happens to money that is out of circulation? For example, in Russia they are not thrown away, but used with benefit in the construction industry - they are usually used in the manufacture of roofing material.

12. Good idea.

Of course, you have paid attention to the portraits of people that are depicted on modern banknotes. However, few people know that the first ruler in the world who indicated to mint his profile on money was the famous commander Alexander the Great. Naturally, this idea was warmly approved by many other rulers of the world, having made similar instructions to their mints. This is a very interesting fact about money.

13. The secret technology.

Do you know what money is actually made of? In reality, this is not ordinary paper, but a special material that is made from cotton (75%) and linen (25%). However, not all money today is like that. For example, in Australia, plastic money is often used.

14. Poverty line.

It is sad, but true - more than a third of the entire population of our planet lives on 1-2 dollars a day, that is, 30-60 dollars a month. This mainly applies to residents of poor countries with undeveloped economies.

15. Life of the rich.

It is appropriate to mention here that according to statistics, the richest people in the world live an average of 60 years. It is curious that the poor for the most part are more "resilient".

16. Advantage of gold.

It is interesting that inflation can be avoided only if the entire money turnover consists of gold, since its quantity is very limited and does not increase over time. Earlier, in many countries, it was gold and silver coins that were used, but later governments of states came up with a new monetary system that we use today.

17. Digital money.

The economy does not stand still, and with its development, new types of money appear. For example - cryptocurrencies. What is digital money? These are special monetary units in digital form that remotely resemble electronic money that work on the basis of blockchain technology. An interesting fact is that such money cannot be counterfeited, their system is completely decentralized, and the number of coins themselves is strictly limited. Moreover, such digital coins can be used without any intermediaries like banks.

18. The emergence of cards.

It is remarkable that credit cards appeared already in 1949 in their modern form. Initially, no one took them seriously, but over the next few years, they literally blew up the entire world around them. Today credit cards are already used by billions of people.

19. Methods of money storage.

It is interesting that more than 90% of citizens in the CIS prefer to keep their money at home. Interestingly, in most cases these are local government currencies. Only a small number of the population trusts banks and no more than 2-3% are engaged in investments in stocks, bonds, real estate and more profitable assets.

20. Popularity of ATMs.

It is interesting that the first ATM in the world appeared in 1939. Today you can find such ATMs even in the smallest cities in the world. Moreover, there is one ATM even at the North Pole.