I'm curious about the history of money on Yap. Specifically, why was money made from limestone on this island? I've heard about this unique currency and would like to understand its origins and reasons for being made from this material.
7 answers
EthereumEmpress
Thu Nov 21 2024
The inhabitants of Yap held a unique perception of value.
KatanaBlade
Thu Nov 21 2024
They believed that the beauty of a certain item could equate to its monetary worth.
MysticInfinity
Thu Nov 21 2024
This perception was similar to how gold is valued in other regions.
Nicola
Wed Nov 20 2024
They saw potential in this item as a viable form of currency.
Elena
Wed Nov 20 2024
The people of Yap recognized the need for an efficient medium of exchange.