News for hackers. Stuff that matters.

A comment on I, Token: The untold story of the hole in Bitcoin's heart. Parent comment

Re:I, Token: The untold story of the hole in Bitcoin's heart by paulgb on Saturday July 31, 2021 @01:26PM (#28020019)
Is there somewhere I can read more about this? I wasn't aware of the situation with Somalia but it seems to be counter to the narrative of hyperinflation I found on Wikipedia https://en.wikipedia.org/wiki/Somali_shilling#Modern_history
[ Parent | on HN ]
Re:I, Token: The untold story of the hole in Bitcoin's heart by mst on Saturday July 31, 2021 @05:20PM (#28021654)
The hyperinflation happened, yes, but the point is that once it stabilised "pre-1991 notes and subsequent forgeries were treated as the same currency."

I'm not attempting to say this was a good situation, only that it has interesting implications for "what is a currency" as a question.

[ Parent | on HN ]