© Karan Singh Garewal 2020
K. S. GarewalPractical Blockchains and Cryptocurrencieshttps://doi.org/10.1007/978-1-4842-5893-4_1

1. A Short History of Money

Karan Singh Garewal1 
(1)
Toronto, ON, Canada
 

We are going to embark upon a deep dive into cryptocurrencies and blockchain applications. The canonical blockchain application is bitcoin, the world’s first cryptocurrency. It would thus be fitting to survey the history of money and see how bitcoin has radically changed the paradigm for currency creation and distribution. In this chapter, I will present an opinionated history of money from the Neolithic age to the present time and, in particular, I will highlight landmark events in the evolution of money. This chapter will conclude with a brief overview ...

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