Re:Why the heck are we still using Markdown?
by atanasi on Saturday April 04, 2026 @06:01AM
(#47637629)
Bad money drives out good money only if there is a legal tender law such that both have to be accepted for the same nominal value. In this case, good money is hoarded because it cannot be traded for its true value.
The wikipedia page about "worse is better" re: software linked above states:
Copernicus' idea about money has a similar structure - "better" money such as precious metals, art, etc. is being hoarded due to its perceived desirability, leading to more "worse" money in circulation. As a result, the "worse" money is actually "better" at fulfilling its role as currency (bc it's not hoarded). So there is also a point where "worse" becomes "better".