Low time preference pays off. And what people don’t realize or want to realize is that it’s really that easy to switch momentary quick decisions to slower more thought out ones. HWPO, albeit I think we’re slightly lucky to recognize the monetary system we have in development. 10 minutes ago vs right now but it’s still a momentary decision, and we can just do things. nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs out here like a modern Morpheus helping people wake up from the Matrix. Beyond entertaining!!!
NOSTR Series # 3 “You Got Lucky”
https://blossom.primal.net/ad37afd891c2e9c0287d44f3da365669e9e27ec024de876a9fa4023891f6b826.mov
Discussion
Low time preference is so crucial. I’ll do a whole video just on that soon.
The ability to be maintain lower time preference may single-handedly may be the greatest effect of bitcoin on humanity via the reversal of fiat
Note on that though, as you say in your V -Logs, really Bitcoin Itself doesn’t do that, it just provides a potential means to be able to self actualize for humanity. That change has got to occur within oneself first and foremost. It allows the return of internal locus of your control to a greater degree than we can with the bureaucratic fiat state of so many things today