powmaxi on Nostr: #bitcoin is low time preference. Debt is high time preference. Tow opposite system ...

#bitcoin is low time preference.
Debt is high time preference.
Tow opposite system can't coexist in the same time.

quoting nevent1q…dre6

Lots of debate about the Saylor / Saifedean conversation

I thought it was really interesting

No one really knows what credit will look like in a Bitcoin Standard

They both make good points

I tend to think that (young, less capitalized, etc) people will of course still borrow to buy a car or or a home, to Michael's point

But I also agree with some of Saifdean's points about the inevitable decline in value of government debt

People seemed to hyperlock onto a short clip of it on X and spit takes instead of listening to the whole thing which is unfortunate

There's way too much 100% agreement in this space so a 2-hour animated conversation with two people who do share a lot in common but really disagree strongly on some stuff and aren't afraid to push back is very refreshing