Money is not a commodity that serves as a medium of exchange, but a set of socially oriented technologies consisting of three basic elementsFull article 1982 words, reading time about 7 minutes, article rated PG Using the Fei currency from the previous article, we find that the stone coins of Yap Island illustrate 2 things.Money does not have to have reserves of precious metals in order to work: both fiat money and the stone coins of Yap Island are proof of this Money does not have to be issu...