The Rai Stones Are Huge Stone Wheels Used As Currency On The Island A rai stone (yapese: raay), [1] or fei stone, [2] is one of many large artifacts that were manufactured and treasured by the native inhabitants of the yap islands in micronesia. they are also known as yapese stone money or similar names. the typical rai stone is carved out of crystalline limestone and shaped like a disk with a hole in the center. The yapese people have used the rai stones as currency for centuries (credit: robert michael poole) the unique stone currency has been in use here for several centuries, although no one is quite.
The Island Of Stone Money Planet Money Npr Rai stones became a form of currency on yap island due to their rarity and value. because yap island is relatively small and lacks many natural resources, rai stones were highly prized and were. One time, according to the island's oral tradition, a work crew was bringing was bringing a giant stone coin back to yap on a boat. and just before they got back to the island, they hit a big. Stone money transport to yap island (1880) a form of inflation happened on the island after these events. new rai stones, extracted with the help of iron tools, were less valuable than the old ones. at the beginning of the 20th century, rai stones were almost out of use; they were slowly replaced by a more modern monetary system. The stone remained the chief currency until the 20th century. as with any currency, rai stones attracted speculators. david dean o’keefe, an irish born american sailor and adventurer, started.
The Rai Se And Fall Of The First Distributed Ledger вђ Yap Stones Stone money transport to yap island (1880) a form of inflation happened on the island after these events. new rai stones, extracted with the help of iron tools, were less valuable than the old ones. at the beginning of the 20th century, rai stones were almost out of use; they were slowly replaced by a more modern monetary system. The stone remained the chief currency until the 20th century. as with any currency, rai stones attracted speculators. david dean o’keefe, an irish born american sailor and adventurer, started. Visitors to yap will immediately encounter the quintessential symbol of the islands stone money, or rai. like the latte stones of guam, the stone money of yap is an integral symbol of yapese. Rai stones were made from limestone (fitzpatrick 2003:68, 116 124) from the islands of palau, located 280 miles southwest of yap island. to a lesser degree, the yapese also traveled in the opposite direction, to guam, to quarry stone money (fitzpatrick 2003:70). this was quite a feat.
Island Where Stones Were Used As Currency Rai Stone Of Visitors to yap will immediately encounter the quintessential symbol of the islands stone money, or rai. like the latte stones of guam, the stone money of yap is an integral symbol of yapese. Rai stones were made from limestone (fitzpatrick 2003:68, 116 124) from the islands of palau, located 280 miles southwest of yap island. to a lesser degree, the yapese also traveled in the opposite direction, to guam, to quarry stone money (fitzpatrick 2003:70). this was quite a feat.
The Giant Stone Coins Of Yap Amusing Planet
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