๐ต: I am thankful for the incentives that help people ๐น๐ผ๐๐ฒ๐ฟ ๐๐ต๐ฒ๐ถ๐ฟ ๐๐ถ๐บ๐ฒ ๐ฝ๐ฟ๐ฒ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ.
Everyone has time preference, which is ๐๐ต๐ฒ ๐ฎ๐บ๐ผ๐๐ป๐ ๐๐ต๐ฎ๐ ๐ผ๐ป๐ฒ ๐๐ฎ๐น๐๐ฒ๐ ๐๐ต๐ฒ ๐ฝ๐ฟ๐ฒ๐๐ฒ๐ป๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ต๐ฒ ๐ณ๐๐๐๐ฟ๐ฒ. Some people have ๐ฉ๐ช๐จ๐ฉ time preference, and show it by โeating the seed cornโ and slowly destroying their lives just to have some fleeting pleasure right now.
But others have ๐ญ๐ฐ๐ธ time preference, and show it by making small sacrifices today for better rewards tomorrow. These have always been the builders of civilization, and their choices tend to have a net benefit for themselves and those around them.
Bitcoin is ๐ข๐ฃ๐ด๐ฐ๐ญ๐ถ๐ต๐ฆ๐ญ๐บ ๐ด๐ค๐ข๐ณ๐ค๐ฆ, and remains scarce despite rising demand, so its value will continue to go up over time. This incentivizes bitcoiners to save their hard-earned money, and gradually trains them to think more long-term, first in their financial decisions, and then โ because money touches everything โ in ๐ฆ๐ท๐ฆ๐ณ๐บ part of their lives.
๐ช๐ฒโ๐ฟ๐ฒ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐๐ฒ๐ฒ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐๐ ๐ผ๐ณ ๐๐ต๐ถ๐ as bitcoiners choose to live more healthily, raise more children, learn new skills, seek deeper truths, and generally work harder to improve society.
What are some ways that ๐บ๐ฐ๐ถ have seen the benefits of lower time preference?
Let me know in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
๐๐ถ๐ธ๐ฒ๐ค and ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this if you are also thankful for Bitcoinโs ability to help you lower your time preference!

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