I will preface this by saying we not need to wait for hyperbitcoinization to adopt a low time preference, we can do this now on our own accord as it has been done on the fringes voluntarily as far as I can see.

I think it means humanity has a choice to go back to fundamentals, logic and reality on an economic and personal level.

With hyperbitcoinization I imagine debt, loans and excess liquidity will be reduced. If you want a loan to start an endeavour you will have to convince someone to loan you their Bitcoin which is incredibly scarce commodity with fixed supply. Ideas will be vetted more throughly, zombie entities not only will not survive but will not get an opportunity to begin as we can’t print to find non economically viable businesses. In short the best ideas/business will be funded and survive. I think value for value here.

It will encourage long term thinking because we will be on a hard money standard and won’t be looking to keep up with debasement of money so we can be more selective instead of short term wins and gratification. I think over time the collective mindset will shift to long term, decade thinkers, i imagine they will be saying, I want to build for the future, I want to be healthy, I want to eat high quality food, I want to build great relationships with family, friends, etc. you can see this in the btc community already. It’s here it’s just not widely distributed.

Sure there will be drawback of hyperbitcoinization as well, always trade offs.

- one man’s perspective.

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