SwissHodler on Nostr: All right! We have reached the halfway mark (5/10) of #TheBitcoinStandard simplified ...
All right! We have reached the halfway mark (5/10) of #TheBitcoinStandard simplified to the max 🧡
CHAPTER 5: MONEY AND TIME PREFERENCE
Time Preference Explained: Sound money promotes saving and long-term planning (low time preference).
Impact of Fiat Money: Fiat money encourages high time preference, fostering short-term spending.
Economic Growth: Sound money supports capital accumulation and sustained economic growth.
#Bitcoin #BTC #BitcoinStandard saifedean (npub1gdu…6nak) #SwissHodler
CHAPTER 5: MONEY AND TIME PREFERENCE
Time Preference Explained: Sound money promotes saving and long-term planning (low time preference).
Impact of Fiat Money: Fiat money encourages high time preference, fostering short-term spending.
Economic Growth: Sound money supports capital accumulation and sustained economic growth.
#Bitcoin #BTC #BitcoinStandard saifedean (npub1gdu…6nak) #SwissHodler