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Topic: Why Goxcoin might be able to pull it off (Read 487 times)

legendary
Activity: 938
Merit: 1001
bitcoin - the aerogel of money
March 06, 2014, 04:22:00 PM
#1
http://www.npr.org/blogs/money/2011/02/15/131934618/the-island-of-stone-money

Quote
One time, according to the island's oral tradition, a work crew was bringing was bringing a giant stone coin back to yap on a boat. And just before they got back to the island, they hit a big storm. The stone wound up on the bottom of the ocean.

The crew made it back to the island and told everybody what happened. And everybody decided that the piece of stone money was still good — even though it was on the bottom of the ocean.

"So somebody today owns this piece of stone money, even though nobody's seen it for over 100 years or more,"
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