History of money

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Initially during the early days paper money were not really used among people but rather trade and barter was the common medium of exchange back then. People do exchange different commodities such as cow beans rice houses and so on
So as time passed by difficulty began are rising from the trade and barter exchange. So the start using precious metals in exchanging this metals are silver and gold many years past they started carving out his meat house in form of coins and started to use it as a medium of exchange.

Paper money came into existence when the Goldsmith started issuing receipt in exchange for the precious metals that were being deposited. And over the years as they world kept on developing paper money we're being customised throughout the world and each countries has its own type of currency they use as a medium of exchange but whatever the case is it wouldn't trade by barter precious metals or paper money money should have illegal tender by the people that are using it as a medium of exchange. And it should be generally accepted by people because any medium of exchange that is not generally accepted among the masses cannot be termed as money.