Crazy Lace Agate Meaning and Benefits The gem is prized with the tag of the Laughter Stone for its potent energies that spread happiness, joy, and fortune in its wearer’s life. It is also a stone of courage and strength that pushes you to face any difficulty with confidence and high self-esteem. In addition, it vibrates at a lower frequency than other gemstones, which means it can bring your own energy to a more grounded and attuned frequency.