Most Bitcoiners first encounter Rai stones when they pick up The Bitcoin Standard by Saifedean Ammous (usually one of the first serious books they read after discovering Bitcoin). In Chapter 2, Saifedean uses the giant limestone disks of Yap Island as a brilliant real-world example of sound, hard money that is costly to produce, impossible to counterfeit, and functions perfectly well without physical movement—ownership is simply agreed upon by the community and orally recorded. This single analogy instantly clicks for new Bitcoiners: it shows that “money doesn’t need to be portable in everyday use” and that Bitcoin’s fixed supply and unverifiable ledger are actually features humans have valued in money for centuries, not bugs.

satsMD

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