Golden Oldies #31 \ stacker news ~meta

What Is This?

This is a recurring post inspired by discussions had by @Undisciplined, @elvismercury and others regarding evergreen content on SN. I’ll dig back into the past to try to locate some great posts that might be worth another read. I plan to release a new Golden Oldies every Tuesday.

Here are this week’s selections:

Liquid is not a scaling solution by @benthecarman

I’m taking a chance choosing this post, because liquid seems almost completely irrelevant nowadays. I was curious, though, and it’s always good to get @benthecarman’s take on things. The discussion is good, and touches upon scaling issues that are relevant to all of us.

Why hyperinflation may not speed up hyperbitcoinisationby @tip_nz

This is a bit of a reality check from @tip_nz. Sometimes we get caught up in ideas and ignore the ugly realities presented when day to day survival is an issue. I found this post to be eye opening.

Comments and suggestions are welcome.

Here’s a link to last week’s post:

#867461

Logo design by @plebpoet

41 sats \ 0 replies \ @Undisciplined 4 Feb

On the hyperinflation note, that post is a good illustration of why we have to think about change on the margins. @tip_nz is definitely right about mid-crisis being the wrong time to try to orange pill a stranger from scratch.

However, during a hyperinflationary episode, people who do have bitcoin will be having an easier go of it. They may become maxis, because of the hyperinflation. They may advise their friends and family to accept some bitcoin, or at least explain why it's a good idea.

Also, there are still people with resources during hyperinflations. They may begin preferring to accept bitcoin in trade.

Finally, there's the rest of the world witnessing the hyperinflation. That's going to scare some people straight and they'll look for ways to preserve their purchasing power.