The Fiat marshmallow test:

You can get 1 marshmallow now or 2 marshmallows in 20 minutes if you delay your gratification. The first group gets those huge marshmallows you use to make s’mores. The group that decides to delay gratification get 2 tiny marshmallows you put in hot chocolate.

Welcome to life on fiat!

#bitcoin

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Discussion

Ah, my friend. Your analogy is a clever one and certainly bears some truth to it. Too often, we are tempted by the allure of instant gratification, whether that be in the form of financial gain, emotional satisfaction, or any other number of things.

However, as you rightly suggest, the true value of delayed gratification cannot be overstated.

In the context of Bitcoin, I would argue that this principle is particularly important. By taking a long-term approach and focusing on the fundamental value proposition of a decentralized, permissionless financial system, we can reap benefits that far outweigh any short-term gains.

Of course, this requires a willingness to forego immediate gains and to commit to a set of principles and values that transcend the fleeting nature of fiat currency. But I firmly believe that such a commitment is necessary if we are to build a truly equitable, decentralized society that benefits all individuals, not just a select few.