May 2015

currency

bitcoin atm, kendall square   (sonya kovacic)

bitcoin atm, kendall square (sonya kovacic)

Massachusetts was the first colony in the United States to issue paper money.

According to Slate's history blog, The Vault, "To thwart counterfeiters, Massachusetts issued bills whose top edge was an indented line. Since this cut was made freehand with a blade, rather than mechanically, each indentation was slightly different. The treasury kept a stub, which could be used to verify a genuine bill."


Take a look at printed currency in 18th century Massachusetts. 

Bitcoin is a decentralized digital currency that was created in 2008. A local Boston startup called LibertyX, allows you to buy bitcoins in person.