-
Colonies in Massachusetts started issuing currency for military expeditions.
-
Continental congress issues currency to finance the revolution. This money was instantly worthless due to no backing and counterfeiting.
-
The united states dollar sign ($) was created by combining the letters u and s for united states then removing the bottom of the u making it an s with 2 lines through it.
-
Alexander Hamilton creates the national bank to regulate money in the us.
-
This is when demand notes known as "greenbacks" were printed.
-
This was the first time George Washington was featured on the $1 bill.
-
Treasury notes begin to be created by the treasury that have no real world connection to gold or silver.
-
President Woodrow Wilson signed into effect a document that created the federal reserve as the national bank which started printing federal reserve notes.
-
Federal reserve starts printing 500 1000 5000 and 10000$ bills for bank transfers and normal use.
-
-
The first credit card known as the Diners Club Card is introduced.
-
United states notes were discontinued leaving only federal reserve notes.
-
This is when bitcoin was created using a blockchain security system to transfer money securely.
-
More security features were added to the most valuable bill such as holographic printing.