Money history and necessity

Money has accompanied human history since the dawn of civilizations – from bartering and cocoa beans to electronic cryptocurrencies. The first coins appeared in Lydia in the 7th century BC, marking the beginning of the classical payment model. With the growth of trade, more convenient forms of currency were needed – paper and later polymer banknotes. In modern times, with the development of technology, digital currencies and blockchain systems are gaining ground, with Bitcoin marking a new era in the history of money. Today, in the conditions of global digitalization, central banks are also developing their own digital currencies, shaping the future of the monetary landscape.

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Publication Details

Journal
Natural Science and Advanced Technology Education
Published
2025-10-02
DOI
https://doi.org/10.53656/nat2025-3.11
Primary Topic
Economic Theory and Policy
Type
article
Field-Weighted Citation Impact
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article

Money history and necessity

Maria Alexandrova, Rumyana Stoineva
Natural Science and Advanced Technology Education
Economic Theory and Policy
article

Money history and necessity

Maria Alexandrova, Rumyana Stoineva
article en

Abstract

Money has accompanied human history since the dawn of civilizations – from bartering and cocoa beans to electronic cryptocurrencies. The first coins appeared in Lydia in the 7th century BC, marking the beginning of the classical payment model. With the growth of trade, more convenient forms of currency were needed – paper and later polymer banknotes. In modern times, with the development of technology, digital currencies and blockchain systems are gaining ground, with Bitcoin marking a new era in the history of money. Today, in the conditions of global digitalization, central banks are also developing their own digital currencies, shaping the future of the monetary landscape.

Natural Science and Advanced Technology EducationVol. 34(3)
Openalex Percentile: Top 54%
Economic Theory and Policy
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Money history and necessity — Maria Alexandrova, Rumyana Stoineva · Natural Science and Advanced Technology Education (2025) | TGRS Research Map | TGRS