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For this answer there could be a lot d answers but there was a gold lose then where it was worth virtually nothing so everyone started trading things instead of gold.

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Greenbacks was not used in the United States during its early years.

Greenbacks were paper currency, printed in green on the back, issued by the United States during the American Civil War.

Nowadays, Greenbacks is the slang used in the United States refering to paper money currently used.

In its early years, most people in United States only acknowledged metals including gold and silver as a legitimate medium of payments.

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