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The article reports on the history of money in the U.S. It mentions the use of bank notes as a form of private currency, the issue of counterfeiting money, and the use of Bitcoin and other cryptocurrencies to get around government control of the creation of money.

Takes a look at the history of the invention of paper currency. John Palmstruch and the founding of the Stockholm Banco that issued bank notes in Sweden; Methods used to verify validity of the currency; Failure of the bank notes that become overvalued and the fate of Palmstruch; John Law and his patronage from the Banque Royale in France; The issue of credibility of paper currency; History of the growing use of paper to avoid metal as currency; Inflation.