🟠 High vs Low Time Preference

Austrian economics teaches us that time preference —how much we value the present compared to the future— shapes entire civilizations.

• High time preference = wanting immediate gratification.

👉 Consume now, save nothing, debt, short-termism.

• Low time preference = valuing the future.

👉 Save, invest, build, plant seeds that grow into something bigger.

⚡️ When societies lower their time preference, they:

• Build cathedrals that last centuries.

• Plant trees whose shade they’ll never enjoy.

• Educate children for a future they won’t see.

• Create sound money that preserves value across generations.

Bitcoin, by protecting savings from inflation, naturally reduces time preference. It rewards patience, planning, and long-term thinking.

🌍 If more people lowered their time preference, the world would be wealthier, more sustainable, and freer.

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