Moneyness
Showing posts with label legal tender. Show all posts
Showing posts with label legal tender. Show all posts
Tuesday, February 11, 2025

The end of El Salvador's bitcoin payments experiment

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Back in 2021, El Salvador became the first country in the world to require its citizens to use bitcoin for payments. Last month, four years...
25 comments:
Tuesday, May 28, 2024

Monetagium

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An English penny minted by William the Conqueror, who brought monetagium to England. Source: History in Coins The way that a modern mafia pr...
4 comments:
Friday, August 17, 2018

Two notions of fungibility

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A few centuries ago, lack of fungibility used to be a big weakness of monetary systems. But technological and legal developments eventua...
24 comments:
Friday, October 27, 2017

The evolution of the Federal Reserve's promises as recorded on their banknotes

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Since they began to be produced in 1914, Federal Reserve notes have always had a promise or obligation printed on their face. But over ti...
6 comments:
Wednesday, October 18, 2017

An example of tax-driven money during the greenback era

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Cartoon from 1864 poking fun at politicians and greenbacks ( source and explanation ) During the greenback era, the Union government is...
86 comments:
Thursday, October 12, 2017

The ubiquitous Spanish dollar—a photo essay

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"The head of a fool on the neck of an ass." That's how Londoners described the strange silver coin pictured above, which ...
7 comments:
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JP Koning
monetary economics|history of money|central banking|coinage|financial privacy|payments|gold|financial inclusion|cryptocurrency|monetary law|financial crime
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