Tag: gold

From Gold Bars to Bank Notes: The Untold Story of Money’s Evolution

From Gold Bars to Bank Notes: The Untold Story of Money’s Evolution

Money, in its essence, is a medium of exchange, a measure of value, or a means of payment. But its form and function have drastically evolved over time. One of the most fascinating transitions in the history of money is the transformation of vaults to banks. This journey from tangible gold to intangible receipts, and…