Money works because people agree that it has value. Usually, governments and central banks make that agreement easier by printing notes, minting coins, and regulating the financial system. But when conventional money is unavailable, restricted, distrusted, or simply inconvenient, people have repeatedly found substitutes. Prisoners have paid for haircuts with fish and ramen noodles. Prisoners […]
The post 10 Bizarre Alternative Currencies That Actually Worked appeared first on Listverse.
10 Bizarre Alternative Currencies That Actually Worked
Money works because people agree that it has value. Usually, governments and central banks make that agreement easier by printing notes, minting coins, and regulating the financial system. But when conventional money is unavailable, restricted, distrusted, or simply inconvenient, people have repeatedly found substitutes. Prisoners have paid for haircuts with fish and ramen noodles. Prisoners […]
The post 10 Bizarre Alternative Currencies That Actually Worked appeared first on Listverse.
10 Bizarre Alternative Currencies That Actually Worked