Money, in the beginning, was coins, silks, and other items of interest. Although, many found this as a burden to carry with them. So, during the Song dynasty there was a thought of paper money, and that dream became a reality. Although some decided to rebel against the paper money and continue with the original system. One of these dynasties was the Qing Dynasty. There is not a decided reason to why they did this. Even though coins and paper money’s appearance was different, they served the same purpose. …show more content…
So paper money was invented. Though there are lots of different names for the paper money we know, the most popular usage in the early times was flying cash. It was called this because, due to the money being paper and light, it had the tendency of blowing away. This wasn't an issue to the people that used paper money because it was better than what paper money replaced. Paper money replaced block printing. Block printing was when ink images was heavily printed on objects. Although block printing was a factor in the inspiration of paper. We owe the bigger idea on white deerskin that was distributed during the reign of Emperor Wu.
During the Song Dynasty paper was most popular which caused the government to get involved in the organization of it. The effect was that the government took care of the cash banking. They were also called banknotes which made their first appearance in 806 ad in the Szechuan province. Even with paper money being very popular, people had their assumptions of the paper money system. Although as you can see the progression that paper money has made, they put their ideas of it