People have used some interesting items as forms of money. Items such as rocks, shells, seeds, beads, cows, furs,
tobacco, eggs, nails, salt and even teeth have all been used at some point in history. While we may no longer use cows
for cash, money has become a very important part of our modern lives.
TIME IS MONEY
The Egyptians used metal rings as money about 4,500 years ago. Metal coins were used in China more than 3,000 years
ago. The first paper money was used in China more than 1,300 years ago.
- Strings of beads called "wampum" were used as money in North America during colonial times.
- The largest bill issued in the United States was the $10,000 bill. It was discontinued in 1969.
- Playing cards that were signed by the governor were used as money in Canada during the late 1600s.
COLD, HARD CASH
Some of the heaviest money ever used was made by people from the Pacific island of Yap. They used stone wheels called
"rai" or "fei" that ranged in size from 0.3 to 3 meters (1 to 10 feet) in diameter. The largest wheels weighed more
than 225 kg (500 lbs.)
- In most countries, the artwork found on their money often reflects the people, places or vocations that are important
to that country.
- Metal coins became popular because they were small, easily made, easy to use, and durable.
- Before the invention of money, people used the "barter" system in which goods or services were traded for other goods
- Today, much of the world's money is in the form of electronic data held in computers found at banks and other businesses.
- The first gold coins were used as early as 600 B.C. in a country called Lydia, which is now part of Turkey.
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So you see people can use just about anything as money. Just because the U.S. dollar is the legal tender of the USA
doesn't mean that it is the only thing of value. The value you place on a US dollar may not be the same value that other
people may place on it. And you can still barter with your neighbors, you can pay them in loaves of bread, stuff
from your garden, or the new Kingdom Shekel if you please. We use money basically for two reasons 1) for the liquidation
or mobility of wealth and 2) for the elimination of debt. It is a lot easier to carry a $100 around than it is to carry
your cow or chicken everywhere. Think about it, if you were taking a 1,000 mile journey (particularly in
the ancient world) would it be easier to carry a few silver or gold coins or would you lug your cow and 35 chickens everyplace
you went, you see that was impossible. Now why is the US dollar (Federal Reserve Note) the legal tender in the
land. A friend of mine automatically assumed it meant that any other tender would be illegal. But I
told him the opposite of legal isn't just illegal it is non-legal. In old Britain, for example, they had legal
courts where the decisions were binding by law as well as courts of equity where the decisions were not legally
binding but the litigants agreed like gentlemen to the fair outcome of the court. You were free to disregard the verdict
of the Court of Equity but only at peril to your business.
If you were in debt to someone and you owed him a value of $100, you can now offer him a (100ׂש) i.e. 100
Kingdom Shekels and he would be free to accept it or reject (he would probably reject it for now). You could also
offer him 3,000 loaves of bread and again he could tell you no! But if you offer him $100 US dollars then he would have
to accept it if he wanted to eliminate the debt because if he didn't accept it you wouldn't have any other recourse in
the elimination of debt. He could hang that debt over your head for the rest of your life, pass the debt
on down to your children and grandchildren and that would create permanent slavery for your offspring. So the idea
behind the Federal Reserve Note's legal tender status is not to eliminate the barter trade or alternative currencies,
it is for the settlement and elimination of all debts public and private. So using the Kingdom Shekel or a loaf of bread
would not be illegal (not unless you tried to pass it off as a Federal Reserve Note which I don't think a loaf of bread
would pass very well unless they were blind) So I invite everyone to use the Kingdom Shekel as a symbol of your faith
and for optional monetary usage only such as donations to charity, extra tips at restaurants, and especially when they
pass the plate around one too many times in a church service. The Kingdom Shekel is a way to demonstrate your faith,
it can be a bridge between supporting ministers with your money as well as supporting them with your prayers.