1. The paper used for U.S.
bills isn’t made from trees. Rather, it contains 75 percent cotton and 25
percent linen.
2. Researchers found more cocaine residue on U.S. bills than
on any other currency. Also found on money: staphylococcus bacteria and fecal
matter.
United States five-dollar bill |
3. To foil counterfeiters, the latest $5 bill design has an embedded
security thread that contains more than 650,000 tiny glass domes. They create
an optical illusion that the Mint hopes is almost impossible to duplicate.
from coopertoons.com |
4. As you file your taxes, you can take solace in knowing that the
ritual dates back almost 5,000 years, to a time when Egyptians started paying
taxes in goods and labor.
5. Paper money originated in China in the year 910 and amazed
Marco Polo when he visited three centuries later. He also noted thatthe emperor, Kublai Khan, seemed to be printing an awful lot of notes… …
6. ….which ultimately wrecked the economy. Due to
skyrocketing inflation caused by churning out so much money, paper bills had to
be abolished in China
in the 15th century.
7. He left home without it: In 1949 Frank X. McNamara took friends to
dinner in New York City
but forgot to bring his cash. He vowed never again to be so embarrassed and so
created the Diners Club Card, the first credit card.
The first credit card. Courtesy of Diners Club. |
8. The Diners Club Card was initially made of cardboard. It listed
the 14 participating restaurants on the back and had an annual fee of $3.
9. Scottish inventor John Shepherd-Barron built the world’sfirst true ATM for a
Barclay’s Bank in North London in 1967. The
machine was based on the concept of a chocolate bar dispenser.
10. Plastic cards did not yet exist, so Shepherd-Barron’s ATM accepted
only checks laced with identifying traces of radioactive carbon-14. Once a
distinctively radioactive check was detected, customers entered their
four-digit PINs. Shepherd-Barron claimed users “would have to eat 136,000 checks”
for the radioactivity to have any dangerous effects.
from discovermagazine.com
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