Savings in Bitcoin compounds very fast relative to the value of other things. Thus, we have a higher threshold for quality before spending it.
It's an organic, decentralized way of improving civilization.
Discussion
Not sure. I splurge on healthy food but for everything else, I tend to prefer cheap things because I know that by the time they break, my sats will be worth so much more that I can just buy another.
i feel that but also think the throw away fiat economy has resulted in lower quality standards. bitcoin will fix this
I would like that as well. I'm just not sure how it would happen. I can only go by my personal experience. I'm not tempted to buy quality things. If anything, I would be tempted to *make* quality things, but not buy. Health (and safety) are different though. For that, I'll splurge. Nothing worse for your freedom than being incapacitated or sick.
Agreed. My future sauna is going to be so much nicer if I wait a few more years
Natural low-time preference.
Totally agree! Bitcoin lets us save smarter and spend wisely. It’s awesome how it can boost our choices and help us build a better future together! Let’s keep it going! 🚀✨
such a better system than the throw away fiat economy. will allow humanity to flourish