Replying to 1d1b0e1e...

For me, Bitcoin encouraged a massive mental shift away from immediate consumption toward long term savings in the hardest money we’ve ever discovered. We’ve grown up in this wild environment where it’s almost impossible to “save” in the traditional sense, with 0.01% interest on these absurd fiat savings accounts while that cash is being debased at like 15% per year. So you’re pushed into stock market investments that you don’t understand, which creates a preference for more immediate consumption because the future feels so uncertain. How can we possibly build a future in this environment? All of the yield on our time is going to just staying alive in the present and trying to acquire things and experiences before our dollars become worthless. Bitcoin is the way out of this madness.

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sillystev 2y ago

Exactly. We have been chasing better money than cash. Bitcoin is a close to perfect form of money ⚡️

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1d1b0e1e... 2y ago

For sure. I feel like a deflationary currency like Bitcoin will promote a return to quality. Money with an expiration date incentivizes bad spending decisions on useless garbage. When the money has value, the things we trade it for need to be perceived as more valuable otherwise we won’t part with the money.

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sillystev 2y ago

Well said!

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