Cryptocurrency Q&A Where did Yap Dollar come from?

Where did Yap Dollar come from?

BitcoinWizardry BitcoinWizardry Fri Nov 22 2024 | 5 answers 1486
I heard about Yap Dollar and I'm curious about its origin. I want to know where it came from and how it was created. Can someone explain the background of Yap Dollar? Where did Yap Dollar come from?

5 answers

CryptoConqueror CryptoConqueror Sat Nov 23 2024
The value of the stone money was determined by two main factors: the size of the stone and its historical significance.

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Caterina Caterina Sat Nov 23 2024
The Yapese people, who used this form of currency, highly valued the stone disks because they resembled quartz, which was one of the shiniest materials available to them.

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Stefano Stefano Sat Nov 23 2024
Stone money was a form of currency used in various regions, particularly in islands such as Palau.

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MatthewThomas MatthewThomas Sat Nov 23 2024
Many of these stone money pieces were transported from distant islands, with some originating as far as New Guinea.

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Silvia Silvia Sat Nov 23 2024
However, the majority of the stone money found in Palau arrived there in ancient times, passed down through generations.

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