money yap stone
money yap stone
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!time:02:11 its a myth according to satoshi and it was british banks that inflated the small stones
british commercial interests inflated away indeginous money to gain purchasing power for themselves... this happened elsewhere in history. where? [[inflation attack]]
the yap stones are part of an elaborate system that's only analogous to our money, it worked differently,, there were a variety of currencies & fixed prices for various social obligations in terms of multiple currencies,, i first learned about it from a book about the traditional culture of ulithi, an even tinier place than yap, they used to have to go to yap to trade & they'd give the ulithians terrible deals