All right! We have reached the halfway mark (5/10) of #TheBitcoinStandard simplified to the max 🧡

CHAPTER 5: MONEY AND TIME PREFERENCE

Time Preference Explained: Sound money promotes saving and long-term planning (low time preference).

Impact of Fiat Money: Fiat money encourages high time preference, fostering short-term spending.

Economic Growth: Sound money supports capital accumulation and sustained economic growth.

#Bitcoin #BTC #BitcoinStandard nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak #SwissHodler