ARTICLE 4 - PAGE 11 | BLOCKCHAIN INDUSTRY REVIEW
History of Money by Jilian Godsil
Croesus, King of Lydia (now western Turkey) was rumoured to have descended from King Midas himself. A patron of artists, he is now more famous for inventing money, or sovereign currency ,to be precise. Before Croesus, no sovereign power had ever issued its own standardized currency or linked its value to a given weight of gold.