From the chapter on speculative consumption:
Time preference is a useful concept in economics, but not the way Saifedean misuses it, which #Cryptoeconomics debunks.
https://github.com/libbitcoin/libbitcoin-system/wiki/Speculative-Consumption
https://github.com/libbitcoin/libbitcoin-system/wiki/Time-Preference-Fallacy
Discussion
Cheers man , trying to wrap my skull around this ...