Low Information Voter on Nostr: Low time preference makes sense in an environment where your rights and property are ...

Low time preference makes sense in an environment where your rights and property are respected.

But if a person's environment is marked by frequent and significant less-than voluntary transactions, then high time preference is more adaptive.

#bitcoin's best feature is that it can move people out of the second environment into the first.

To paraphrase Plato, twelve words can swim with you out of a shipwreck!