You are wrong in your interpretation. https://en.wikipedia.org/wiki/Time_preference
Discussion
The wiki page there makes no sense. It says preferring time is not preferring soonness. That's not how transitive property works
Yeah I didn’t invent. Pretty well known term in economics. Saifedean talks a lot about it in the bitcoin standard where I heard it first
I know you didn't invent it, I just think it should use different wording