20 Curious Money Facts
The most interesting facts about money
As Mark Twain has said, "The lack of money is the root of all evil." But how did money become so powerful and people so dependent? Read on to find out how money was born, along with some interesting factology.
1.Before money existed, people used exchange with valuables as payment, like cotton, gold, animals and furs, spices, textiles and basically everything that they considered valued.
2.In the Roman Empire, soldiers were paid with salt, which was considered a very valuable asset and it’s supposed that the word salary originates from those times.
3.The word million was not known until the year 1300. Until then the word to express something in a bigger quantity was "myriad", a Greek word that indicates 10,000.
4.The World’s first paper money was created in China 1,400 years ago.
5.In Siberia, people used tea bricks as currency until World War II.
6.In 1923, hyperinflation weakened the German currency so much, that it became worthless and was given to children as a toy, or even used as a wallpaper.
7.The collection of coins and bills is called numismatics, as well as the study of money.
8.In most countries, the paper money (bill) is not really paper. It is a mix of 25% cotton and 75% linen. It's more like a paper cloth.
9.The first credit card was invented thanks to the embarrassment of a man who has forgotten to bring his wallet and wasn’t able to pay for dinner.
10.The first ATM was installed at a branch bank Barclays in London in 1967.
11.Gambling produces more money annually than the movies, sports, theme parks, cruise ships and recorded music all together.
12.More Monopoly money is printed each year than actual money.
13.On average, the common flu virus can survive outside the human body around 48 hours. However, it can be kept alive in a bill for almost 10 days.
14.Your money is probably dirtier than your bathroom toilet.
15.The Swedish krona was the heaviest currency and weighed about 20 kilograms.
16.The lightest coin was created in Nepal and weighed 0,002 grams.
17.It is illegal to put coins in your ears in Hawaii.
18.The most traded currency in the world is the US dollar.
19.Around 90% of US bills contain cocaine traces.
20.Bob Marley’s last words were:‘Money can’t buy life.’