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RE: LeoThread 2025-05-25 20:39

in LeoFinance5 months ago

Key points:
Origins: Founded by Hugues de Payens in Jerusalem, endorsed by the Catholic Church in 1129.

Role: Protected pilgrims, fought in Crusades, and developed an early banking system for safely transferring funds.

Wealth and Power: Owned vast estates, built fortifications like the Temple Mount, and lent money to kings, making them a powerful institution.

Downfall: In 1307, King Philip IV of France, heavily indebted to them, accused them of heresy. The order was suppressed by Pope Clement V in 1312, and many Templars were arrested, tortured, or executed.

Legacy: Their secrecy and wealth fueled myths, linking them to legends like the Holy Grail or Freemasonry, though much is speculative.