𝟵: I am thankful for the incentives that help people 𝗹𝗼𝘄𝗲𝗿 𝘁𝗵𝗲𝗶𝗿 𝘁𝗶𝗺𝗲 𝗽𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲.

Everyone has time preference, which is 𝘁𝗵𝗲 𝗮𝗺𝗼𝘂𝗻𝘁 𝘁𝗵𝗮𝘁 𝗼𝗻𝗲 𝘃𝗮𝗹𝘂𝗲𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝘀𝗲𝗻𝘁 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲. Some people have 𝘩𝘪𝘨𝘩 time preference, and show it by “eating the seed corn” and slowly destroying their lives just to have some fleeting pleasure right now.

But others have 𝘭𝘰𝘸 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 𝘢𝘣𝘴𝘰𝘭𝘶𝘵𝘦𝘭𝘺 𝘴𝘤𝘢𝘳𝘤𝘦, 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 — because money touches everything — in 𝘦𝘷𝘦𝘳𝘺 part of their lives.

𝗪𝗲’𝗿𝗲 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝘀𝗲𝗲𝗶𝗻𝗴 𝘁𝗵𝗲 𝗲𝗳𝗳𝗲𝗰𝘁𝘀 𝗼𝗳 𝘁𝗵𝗶𝘀 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 𝘺𝘰𝘶 have seen the benefits of lower time preference?

Let me know in the 𝗖𝗼𝗺𝗺𝗲𝗻𝘁𝘀⬇️

𝗟𝗶𝗸𝗲🤙 and 𝗦𝗵𝗮𝗿𝗲🔄 this if you are also thankful for Bitcoin’s ability to help you lower your time preference!