The Evolution of Currency: From Stone Discs to Modern Money

Exploring the origins of money through the story of stone money on Yap, this chapter discusses how ancient societies used unique forms of currency like giant stone discs as a store of value. It delves into the historical significance of these stone coins, their role in exchanges like weddings, and the comparison with modern financial systems based on trust and mutual agreement on value. The chapter reflects on the evolution of money from practical items of value to symbolic representations, highlighting the importance of cultural context and societal needs in shaping the concept of currency.