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Top 10 Inventions in Money Technology During the 1900's
scuggums writes "The DaVinci Institute has put together an interesting historic piece to help put the world of money technology into perspective. While I'm glad to see the ATM machine made the list, I had no idea it was invented back in 1939. Other items on the list are barcodes, spreadsheets, and RSA encryption. This looks to be one of the research pieces the Institute's doing for their upcoming Future of Money Summit in October."
From the article: Other technologies developed in the 1990s didn't make the list because most have not reached the level of impact that the following items have.
So they ignore all the cool 1990's technology that has already had widespread influence and put the Smart Card on the list, which has never amounted to anything...
The unofficial
to test all new new inventions coming out of the mint. I can handle large test batches too.
"A door is what a dog is perpetually on the wrong side of" - Ogden Nash
...and what does it all lead to? Inventive new ways to pay for porn sites....
5.) The Automatic Teller Machine (ATM) - 1939
I think this is an invention that is both terrific and dangerous. I personally have decided to not get an ATM card, reasoning that if my money is harder to get to, it's harder to spend.
The coolest voice ever.
... creative accounting on the list. Of course I imagine that predates the 1900s.
Huh. They completely ignored the giant stone coinage of the Yap Islanders. What could be more innovative? The money is too large and heavy to move, so instead of carrying it around and exchanging it, the people of Yap simply point to their money when they want to purchase something, saying "That one's mine. Now it's yours." No inflation, ever, 'cause the total supply of money is completely static. No loose change lost in the sofa. No underworld money laundering. No expensive infrastructure to maintain. One drawback, of course: the first Yap to figure out how to purchase a bulldozer from the mainland using giant stone coins will end up lord and master of the whole society.
It wasn't until 1927 when the first armored car robbery occurred. The Flatheads Gang was responsible for this robbery near Pittsburgh, PA. It was reported that $104,250 was taken in the heist.
Gangs had such cooler names back on those days.
electricity wasnt invented > 1900
Umm.... Electricity wasn't invented. Period.
Good judgment comes from experience, and a lot of that comes from bad judgment.