From Beads to Bounty: How Wampum Became America’s First Currency— has returned as Steem and Blurt

in wampum •  4 years ago  (edited)

The return of Wampum like Blurt and Steem for Story telling, gifts, and Trade :

Many people do not realize this yet but with cryptocurrency such as Blurt, and Steem we are returning to the days of the Wampum....

Story telling currencies like Steem and Blurt are the new currency of Trade.

Blurt ! https://Blurtter.com

Wampum is a traditional shell bead of the Eastern Woodlands tribes of Native Americans. It includes white shell beads hand fashioned from the North Atlantic channeled whelk shell and white and purple beads made from the quahog or Western North Atlantic hard-shelled clam.

Before European contact, strings of wampum were used for storytelling, ceremonial gifts, and recording important treaties and historical events, such as the Two Row Wampum Treaty or The Hiawatha Belt.

Story telling = Blogging on Blurtter and Steemit.

Wampum was also used by the northeastern Indian tribes as a means of exchange, strung together in lengths for convenience. The first Colonists adopted it as a currency in trading with them. Eventually, the Colonists applied their technologies to more efficiently produce wampum, which caused inflation and ultimately its obsolescence as currency.

Source: https://en.wikipedia.org/wiki/Wampum

When Prince Philip of the Pokanokets (later known as the Wampanoags) proudly wore his wampum—decorative beads made from whelk and clam shells—he was proudly declaring several things about himself: his station, his value (and obligation) to his people, as well as the spiritual message conveyed by the design of those shells. The Englishmen he encountered, however, could only see the commercial value of that wampum, and 20 pounds sterling meant Philip was wearing some very pricey bling.

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Source: https://indiancountrytoday.com/archive/from-beads-to-bounty-how-wampum-became-americas-first-currencyand-lost-its-power

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