[WO] The Greshams Law of account rank and grandfathered merits
The shitty thing is, I just realized that now my profile looks as if I'm a pré-Merit member who's never succeeded in getting more than 8 Merits during his entire membership on these boards.
Feels a bit like downgrading as a "big" 12-year-old kid in elementary school back down to suddenly being a junior in high school.
Feels a bit like downgrading as a "big" 12-year-old kid in elementary school back down to suddenly being a junior in high school.
^^^ THIS!!!
Discussion transplanted: The Gresham’s Law of account rank and grandfathered merits.
I have been complaining about the “grandfathered” merits since February–March 2018. Now, I look like some idiotic “Legendary” who has earned only 1045 merits. 
Did theymos learn nothing from monetary policy, Gresham’s Law, etc.?
[...]
Youthful accounts with high merit are glamorous. Highly-ranked accounts don’t look like wise elders, thanks to the inflationary effect of grandfathered merits: They look like people who have just been shitposting for a very long time.
friends1980, congratulations on the new rank. Though wouldn’t it be much sweeter if you could dispense with the 100 grandfathered merits, and celebrate self-made Hero bragging rights after you have earned 500 merits? At the rate that you are now going, it will not take long!
Anyway, a toast with something other than Chianti:
Did theymos learn nothing from monetary policy, Gresham’s Law, etc.?[...]
Youthful accounts with high merit are glamorous. Highly-ranked accounts don’t look like wise elders, thanks to the inflationary effect of grandfathered merits: They look like people who have just been shitposting for a very long time.
friends1980, congratulations on the new rank. Though wouldn’t it be much sweeter if you could dispense with the 100 grandfathered merits, and celebrate self-made Hero bragging rights after you have earned 500 merits? At the rate that you are now going, it will not take long!
Anyway, a toast with something other than Chianti:
(buy your stock of champagne for the next 3 years people 
- prices are ridiculously low atm, since meetings and parties are forbidden, therefore there's a huge overstock)
- prices are ridiculously low atm, since meetings and parties are forbidden, therefore there's a huge overstock)🥂 🍾