The History of Money
Everything Everywhere Daily: History, Science, Geography & More
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Money in Micronesia
Money in micronesia consisted of giant stone wheels. The stones were made out of limestone, and there was no limestone to be found on yap. To get the stones, they would have to travel 280 miles to palau,. They would then transport them back to yap on outreger canoes. Rye were only used for major purchases, like a dowry or a canoe. Paper currency worked its way west over time.
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