Rai Stones Explained

#money #crypto #bitcoin #education

Rai stones are a type of money that was used on the remote island of Yap. These stones were massive but weren't used very often. When a Rai stone did change owners the stone rarely ever moved. Instead, the stones were traded through oral tradition. Meaning the people of the island would just be made aware that the stone had a new owner. Rai stones are interesting as they put into question what money really is. They are often compared to Bitcoin as the way they function as money is somewhat similar.

[CarBleach]

so are you telling me when mr krabs had his first dime that one episode that it was really currency??!!?!!