Tag «currency»

Why is cotton in everything? – Michael R. Stiff

Why is cotton in everything? – Michael R. Stiff

Centuries ago, the Inca developed ingenuous suits of armor that could flex with the blows of sharp spears and maces, protecting warriors from even the fiercest physical attacks. These hardy structures were made not from iron or steel, but rather something unexpectedly soft: cotton. These thickly woven, layered quilts of cotton could distribute the energy …

How Do They ACTUALLY Print Counterfeit Money

How Do They ACTUALLY Print Counterfeit Money

At The Infographics Show, we’re endlessly fascinated by the creative ways people have found to break the law, as well as the creative ways the authorities have dealt with those lawbreakers throughout history. Past episodes have covered history’s greatest thieves, as well as the laws you yourself break every day. Today we’re answering a question …

Bitcoin: How Cryptocurrencies Work

Bitcoin: How Cryptocurrencies Work

Say there’s a coin that’s currently worth hundreds of U.S. dollars, but it’s not made of gold, or platinum, or any precious metal. In fact, it’s not the kind of coin you can hold in your hand or stick in a piggy bank. It’s a digital currency, which means it only exists electronically. I’m talking …

Finance: The History of Money (combined)

Finance: The History of Money (combined)

The history of money in ten minutes number one early money Long before money was invented people were quite happy making doing and growing things from one another in small communities they could largely remember the payments and receipts of what was exchanged keeping tabs or tallies of these exchanges helped with a key requirement …