Turtlesallthewaydown⚡️ on Nostr: Fireside thoughts: Why Bitcoin’s intrinsic driver to lower a network ...

Fireside thoughts: Why Bitcoin’s intrinsic driver to lower a network participant’s time preference is so important:

What misaligns an individual’s actions with the greater good is a high time preference… the lower a person’s time preference is, the more likely a “selfish” action is simultaneously in both the individual’s and the network’s best interest.