Curious Facts CONTEST#8 - More wired cheese facts Cheese worth more than crypto πŸ’΄πŸ’΅πŸ’ΆπŸ’· 😎 - There is a cheese bank in Italy


There is a Bank in Italy that does their business in cheese and it is a multi-million dollar business called Credito Emiliano. Yes, I said cheese and not just any cheese the bank only works with Parmigiano Reggiano also known as the king of cheese. They work closely with the cheese producers and farmers in the Italian region Emilia Romagna. If a farmer needs a loan for new animals or machinery they go to this bank and give a wheel or two as collateral. So why Parmigiano Reggiano well a wheel of this cheese coasts a few thousand dollars and the cheese needs to be aged for 18 to 36 months that's why it is treated as a long-term investment.

The bank has a special warehouse where the cheese is stored filled with over 300 000 wheels of Parmigiano Reggiano worth around 160 000 000 Euros.

Maybe it is a good idea to invest in cheese now rather than crypto :-) Let me know your ideas about a cheese investment in the comments below.

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