If you've read my earlier articles, you know my theories of Bitcoin circular economies at scale post Hyperbitcoinization being in effect charity driven economies. This is because of the tendency of people who hold Bitcoin (assuming an ever deflationary currency) would not want to spend on anything except needs and only those inspired to drive future human development as a form of self actualization for themselves (or lower on the heirarchy of needs but likely no lower than love and belonging) would be the only participants spending enough Bitcoin to drive an actual economy.
Recently I've been interested in exploring another theory. Its more in line with the debt hypothesis of money. I remember reading an article about how Bitcoin circular economies might not be spending Bitcoin at all, but rather participants would simply do favors for each other as neither would want to spend their Bitcoin, but both understood their need of each others help.
I remember when I first read it I dismissed it because we had seen the El Zonte economy which was newish headline-wise, but now I want to revisit it.
If you remember this article, please share the link to it. It was an older article by a Bitcoiner who was trying to give advice I believe to Bitcoiners who wanted a circular economy but couldn't find one at the time.
If you have any articles to share that are similar (Bitcoin economies, favor economies etc) please share those as well.