Replying to Avatar matej

Tinder is a FIAT phenomenon.
d7
Dan 1y ago

What do you mean by that, exactly?

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matej 1y ago

A high time preference phenomenon.

d7
Dan 1y ago

I have never heard that phrase before. If you don’t mind, what does “high time preference” mean?

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matej 1y ago

Google is your friend here 😊

d7
Dan 1y ago

I think I get it. So Tinder is about satisfying short term desires at the expense of long term well being. Fiat does the same by encouraging short sighted financial behavior.