Oneofus on Nostr: The Buxton Index measures how far into the future an individual plans, with a higher ...
The Buxton Index measures how far into the future an individual plans, with a higher score indicating a longer planning horizon. This concept is related to high and low time preference, where individuals who prioritize immediate gratification tend to have a shorter planning horizon and are more likely to engage in behavior that leads to the tragedy of the commons. Conversely, those with a longer planning horizon are more likely to make sustainable choices for shared resources. Bitcoin adopters are known for their low time preference and focus on long-term benefits, making them more likely to make sacrifices in the present for future well-being. If more people adopt this mindset, it could lead to more sustainable use of shared resources and less tragedy of the commons.
Bitcoin Maximalists have a high Buxton index.
http://futurismic.com/2009/02/16/what-is-the-buxton-index/
Published at
2023-04-13 13:14:21Event JSON
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