Via Barron's

Who doesn’t like money? Come on, let’s face it, money rules the world. I bet ya that if you had Scrooge McDuck’s money bin, you would take a dip just as he does. Unfortunately, we can’t. Not just because we’re not granted access to any money bin that huge, but because it would really hurt us to try to swim in gold coins. 

Don’t get your hopes down! Maybe we won’t roll around in a gigantic money vault, but that doesn’t mean we can’t have fun. Here are the 5 things you didn’t know about money and believe me, you are going to enjoy them.

 

Pennies Cost More To Manufacture Than their Real Value

Via CNN

As you already know, the worth of a penny is equivalent to one one-hundredth dollar (0.01 U.S. Dollars). It is made of copper and plated zinc. The manufacturing of a penny, taking into account the metal, labor, and shipping costs actually exceeds the value of the coin. In 2019, the manufacturing cost of a penny was 1.99 U.S. Dollars, which is way more than its actual worth.

Every year, the U.S. Treasury loses about 55 million dollars just producing cents. No more wondering why the U.S. government is in debt, huh?

As a bonus tip, did you know that pennies prevent garden pests? Well, try burying them in your backyard and witness how the electrical energy from the copper and the zinc flows through the ground repelling those annoying bugs. Don’t worry, it is harmless to humans and pets!

 

More Monopoly Money Is Printed Each Year Than Real Cash

Via Bitcoin News

Who hasn’t played Monopoly? That popular board game that teaches us how to stay financially solvent and not to go bankrupt with simple acts like buying and selling properties with fake money. But did you know that even if Monopoly money has no value it is actually printed more than real money?

Well, it is! Each year $30 billion fictional money is printed. Meanwhile, the U.S. government prints around $974 million per year. There is a huge difference, no doubt.

 

The First Bitcoin Transaction Was Made To Buy Pizza

Via Taste of Home

On May 22, 2010, Laszlo Hanyecz made the first commercial purchase using Bitcoin to buy two large pizzas. He paid 10,000 BTC, worth around $41 at the time. From that day on, May 22 became “Bitcoin Pizza Day”, when pizza providers and restaurants offer discounts to bitcoin users.

The current price of bitcoin is at 12,926 U.S. dollars. So both pizzas will have cost around 129,000,000 U.S. dollars. Feeling hungry for a hundred million priced pizza?

 

The Word Salary Comes From Salt

The Economic Times

During the Roman Empire soldiers were paid in meanings of salt. The Latin word for salt is “sal”, from which it derived the word “salarie”, wage earner, according to the Merriam-Webster Dictionary.

As it turns out, Roman soldiers are the first known form of work-for-hire ever registered in History. Well, now you know where the expression “being worth one’s salt” comes from. 

 

There Are Star Wars, Pokemon, And Disney Designed Legal Coins

Via MA Shops

Niue is a small island located in the South Pacific Ocean northeast of New Zealand. It is considered one of the world’s largest coral islands according to National Geographic. But that’s not the only interesting fact in Niue. Actually, the island is also famous for its currency.

The Polynesian island Mint manufactures the most preeminent legal coins of the world. Its designs commemorate Disney cartoons, Pokemon characters, and fantasy scenes from Star Wars. These coins are made out of silver and gold, making Niue a main figure in the coin collection market. 

So now you have 5 interesting facts about money you sure need to remember for your next trivia game. And seriously, don’t ever let money control your life and make you become greedy like Scrooge McDuck. Money is just another tool that opens up doors for you.