Bitcoin is securely grounded in low time preference, and I’m convinced Satoshi was a student of the Austrian school. There are just too many “incidentals” for it to simply be coincidence. The halving cycle rewards those with the foresight and fortitude to maintain a low time preference. Low time preference builds a solid foundation for which society can build upon the foundations of a stable and secure future, allowing the capitalists of the future to fund mankind’s next wave of evolution and success.

https://bitcoinmagazine.com/technical/satoshis-mistake

#bitcoin #BTC #austrians #economics #rothbard #mises #libertarian #news #finance #blockchain #nostr #freedom #breaking #plebchain #pleb #money #new

#anarchocapitalism #liberty #lightning #freemarkets #trading #politics #government #mining #markets