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bitcoinist
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Bitcoin ONLY Sovereign Individual Rothbardian Libertarian ∞ / 21,000,000

I looked at your comment again, I’m happy you’re not a fucking mountain dude. Seriously. Congrats on that.

Это, скорее всего, от того, что хорошо ее знаешь. Так везде.

Bitcoinians 4:20 - And lo, it came to pass that those who ignored the great digital reshuffle and the halving of the coin, verily, they missed the boat of fortune and found themselves marooned on the isle of regret. #Bitcoin #nostr

Is there anything specific that you want to point to that you believe makes it not safe to use?

Samantha Le Duck is the latest #Bitcoin pizza lady.

She looks like a villain too.

“Time flows in a strange way on Sundays.” — Haruki Murakami

#Bitcoin and the Fight Against High Time Preference: Learning from the Marshmallow Test:

The famous marshmallow test, where children who could delay gratification achieved better life outcomes, offers a valuable analogy for understanding #Bitcoin's impact on financial behavior.

In a fiat currency system, where money lose value due to inflation, people often develop a high time preference. This means they prefer spending immediately, much like the children who chose the immediate, smaller reward over waiting for something greater. This high time preference leads to peak consumption, as saving seems less effective when the value of money continually diminishes.

#Bitcoin challenges this behavior. It's akin to the second marshmallow in the experiment. With its capped supply ensuring scarcity and resistance to inflation, #Bitcoin encourages a low time preference. Holding onto #Bitcoin, much like waiting for the second marshmallow, represents a choice for long-term reward over immediate but lesser gratification.

HODLing #Bitcoin is not just a financial decision; it's a psychological shift towards valuing the future. It echoes the lessons from the marshmallow test by emphasizing patience, long-term planning, and the benefits of delayed gratification. Just as children who waited for the second marshmallow tended to have better outcomes, the discipline and forward-thinking approach promoted by #Bitcoin is leading to more sustainable financial habits and enhanced long-term financial and even physical, mental health.

ChatGPT’s version of my #Bitcoin bull.

I’m very proud my illustration is on the cover of one of the best #Bitcoin books.

No matter where you are in the world, with #Bitcoin and #nostr you are free!