Rai Stones
Note: Referenced by Jerry Michalski in chat as humorous alternative investment during AI Financial Bubble discussion.
What are Rai Stones?
Large stone discs used as currency on the Island of Yap (Micronesia):
- Some up to 12 feet in diameter
- Made from limestone
- Too large to move, so ownership tracked socially
- Value based on size, craftsmanship, history
In the Discussion
Jerry suggested: "Try rai stones" and "Roll it around the living room as your asset"
Humorous response to Mike's question about where to put money if tech bubble bursts.
The Joke
Like gold or Bitcoin, but even more impractical as actual currency - highlighting absurdity of flight to safety assets.
Link
https://en.wikipedia.org/wiki/Rai_stones
Related Concepts
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