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Replying to Avatar Carl B Menger

Most people are poor bc they place great value on instant gratification and thus buy "assets" that decay over time: Cars, boats, electronics, ...

Few people are wealthy bc they value delayed gratification and thus buy assets that increase in value over time: #Bitcoin , ...

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Optimistic Pessimist ⚡ 2y ago

Agree, but there should be a balance between both school of thought.

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