ahah they say that's the best part od the week 🤣🤙
How would you explain low and high time preference to someone who never heard of it before?
#asknostr
The Ant and the Grasshopper
One warm, sunny day, a grasshopper was bounding through the fields. He was happy, and sang a song as he jumped. As he got tired, he decided to lay down on a warm rock in the sunshine and watch the clouds.
Just then, an ant passed by, working very hard to carry an ear of corn to his nest. The grasshopper was so enjoying his day that he called out to the ant, “Hey! Why are you working so hard? It’s a beautiful day! Come enjoy the sunshine with me!”
The ant called back, “We need to store food for the winter. In not so many days, it will be cold, and we will be hungry.”
The grasshopper thought that was silly. “Why, there’s plenty of food!” he cried. He went back to lazing in the sunshine. The ant shook his head, and went back to work.
The next day, it was again sunny and the grasshopper decided to visit the riverside. He bounded from leaf to leaf over the crisp cool water, not a care in the world. Once again, he saw the ant pass by. This time, the ant was carrying a large leaf. The grasshopper called out again, “Hello friend! Why are you working so hard again today? Come sit in the shade and enjoy the sound of the river!”
Once again, the ant refused. “These pretty days are not so many, Grasshopper. Soon, the cold will come. We must be ready.” The ant returned to his work.
On the third day, when the grasshopper awoke, the sun was not shining. It was not warm. Winter had come overnight, and the ground was frozen and covered with snow. The grasshopper shivered. And as he looked for food to eat, he found nothing.
He walked for hours through the snow, searching for food and shelter. As he walked, he passed the ant’s nest. Inside, he saw ants warm and happy, and sharing a delicious looking meal. It was then that he understood that the ant was right all along – not all days are sunny.
The ant turned then and saw the grasshopper freezing and hungry. He felt pity for the poor grasshopper. “Come, friend,” he called. “There is room here, and there is food. I’ve saved enough for many seasons. Come in and eat.”
And so the grasshopper was welcomed into the ant’s home, and the ant’s preparations kept the ant, his family, and the grasshopper warm and fed the whole winter long.
The ant is low time preference, the grasshopper is high time preference... the ant is a bitcoiner.
#bitcoin
buongiorno! how are you all doing?
I don't know, because I also would prefer not to know before where I am heading to. My mind works about thinking always on different and various scenarios and elaborating their possible outcomes intuitivly following my perception and analysing the present through a process of past experiences.. and probably that's why I would like more to visit the past, and yes as you said, i think would help me understand things better about the present me, since I could make a comparison about I had react in the past, determined by how I had reacted amd felt at the time, and the 'present me', so I could evaluate the progress also (if there are in first place), so I could change the trajectory, or adjust it, to the purpose of creating a future where I am more comfortable and at peace with myself.
yeah I did considered that, that's also why the past. imagine you go 20 yrs in the future, stay there 24hrs, and then go back; then you will live 20 yrs riaking to subconsciously changing the future outcomes, and as I know I am, I would constantly asking myself if I am acting differently from how I originally would without having been in the future once alrewsy. On the other hand visiting the past, since we said you have only 24hrs, you would have less time to fuck up, but of course, what you said about small alterations is a valid point, and I would apply it also in the visiting the future options, as you would modify also the future of that future from that moment on... 🤔👀
I am not sure, that's why I thought about asking others in a note, but the more I think of it, the more I believe I would check the past, to see how differently I would act in the past with the ideas and convictions I have built with my later experience.
I wouldn't do any change, but more interested to see my reactions in and old environment but with a new way of thinking.
i wouldn't go in the future, because I would be afraid I could alter my decisions when I would come back, in order to maybe change the future, probably unconsciously, but still.
yeap, all rules settled 😂😁
you will be your actual self, active in first person. let's say you'll have 24 hrs before having to go back in the present.
You can choose just one option:
1) going back and forward in the past
2) going back and forward in the future
what would be you choice? why?
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Even if you don't have money or guts to buy #bitcoin now, you do have time to study it and understand it.
Build your confidence and knowledge first, you'll be able to grow a bigger stack later while holding will feel much easier
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GM #nostr
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being in the correct place, at the right time.. when?
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