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I'm not arguing that people would express different time preferences in different circumstances. If we didn't, that would not be conducive to survival. My objection is to the idea that there's a sort of "spiritual awakening" people will have once they understand bitcoin which will shift them towards a more anarchistic worldview and disciplined, low time preference behavior.

I actually think this is quasi-religious in the way some people talk like that.

HoloKat 2y ago

Ok. Yeah hard to say, I imagine it depends on the individual and their life circumstances. You can lead a horse to water but can’t make it drink. Some people will stick to their ways no matter what.

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Mike Brock 2y ago

Well, I understand bitcoin very deeply and I don't think that way. I talk to many prominent bitcoiners -- including some core devs -- that don't think that way. So the empirical evidence that people who have convinced themselves of this are echo-chambering and part of a self-selection effect is actually quite high, in my opinion.

HoloKat 2y ago

Interesting. I’ve heard many similar stories to mine in bitcoin spaces / clubhouse conversations.