#Yap Island, known for its stone money, known as #Rai, is located in the western #PacificOcean, and is a part of #Micronesia. It is a land steeped in ancient traditions, fascinating legends, and peopled by one of the most distinctive cultures in the #Pacific. Dance is an art form in Yap. Through dance, legends are passed down, history is recorded and entertainment is created. Here's a dance represents #WWII fighting. https://youtu.be/f9Fu5kHWlZU | World Music and Art
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#Yap Island, known for its stone money, known as #Rai, is located i…
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The island of Yap in Micronesia is famous for its unique form of currency known as rai stones, which have been used for several centuries. The stone money is considered an ancient form of blockchain and cryptocurrency, because it utilizes a communal oral ledger to track ownership and transactions, ensuring transparency and immutability. Additionally, the value of rai stones is based on their scarcity and the effort required to create and transport them, mirroring the principles of cryptocurrency
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