Friday, October 9, 2015

Merijn Knibbe — Yap stone money as an example of a blockchain kind of technology

I’m reading up on the famous stone money from Yap (Cora Lee Gillilland, The stone money of Yap. A numismatic survey. Washington, 1975). About this:
1) This was a kind of blockchain money avant-la-lettre
2) And not your typical western kind of individual owned money. Because of its blockchain character it could serve as ‘ritual’, ‘gidigen’ gift-money (compare our wedding rings) as well as ‘normal’ money. Fascinating. From the link…
Real-World Economics Review Blog
Yap stone money as an example of a blockchain kind of technology
Merijn Knibbe

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