IN DEBT WE TRUST

The first currency exchange started when someone said “my shells are cuter than yours.” FX was born from aesthetics.

✗ FAKE
Currency exchange dates back to ancient times, with moneychangers in places such as the Near East and Rome. Exchange rates reflect trade and the value of money, not aesthetics.

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The first electronic stock market was the NASDAQ, launched in 1971. Because even stocks wanted Wi-Fi before everyone else.The first stock split was done because someone wanted to feel richer without actually being richer. Iconic.The most expensive coin ever sold is a 1794 Flowing Hair Silver Dollar, sold for over $10 million. Someone really took “spare change” literally.The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky.The first invoice was carved into stone. It’s still unpaid, which makes it the oldest open receivable.The phrase “liquid assets” came from someone who spilled their savings into a fountain. Technically diversified.See all In Debt We Trust facts →

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