@3seahaven No, often the stone remains where it is, but the new owner is officially acknowledged. So if it's in your living room, and you buy something from your neighbor, the stone stays in your living room, but everyone acknowledges that it's his.
This is actually pretty similar to how modern banking works. Much of the gold in Fort Knox is actually owned by other countries...but remains where it is.
It's a beautiful tradition with stone money. Simple life is better.
xanh01 1 year ago
I wonder what their credit cards are like.
Excellent video.
Good on ya'll, Yap-people!
GARNETSODA 2 years ago
@GARNETSODA LMAO credit card hahaha
L1U6L9U00 1 year ago
So is it transfered to the Bank of Guam fa Ayuw Community bank? lol. Yapese culture; one of its own kind. cant wait to go back ;)
SweetMsBitch 2 years ago
amson, gathiy fag gling i machaf rog ea baar.
fantastical24 2 years ago
LOL ngom kirebrog kayog ko 69...ooppzz my bad...jus playing...*winks*
BOMSORRO21 2 years ago
yyyyyyeeeeeaaaaahhhhh............. rep dat yap shizzz!!!!! proud to be a waabese!!!!
yelza180 3 years ago
@yelza180 true dat mon..!
L1U6L9U00 1 year ago
LOL @ BOMSORRO....I mean, ur name, and being proud to be Yapese.....NICE....Rep Rep...
kirebrog69 3 years ago
That can't be how every transaction is done...could it!!!
3seahaven 4 years ago 2
LOL...
luvmyisland1 2 years ago
@3seahaven No, often the stone remains where it is, but the new owner is officially acknowledged. So if it's in your living room, and you buy something from your neighbor, the stone stays in your living room, but everyone acknowledges that it's his.
This is actually pretty similar to how modern banking works. Much of the gold in Fort Knox is actually owned by other countries...but remains where it is.
KAZVorpal 10 months ago
proud to be from the STONE MONEY ISLAND!!
BOMSORRO21 4 years ago 3