Time preference refers to how much we value present goods or gratification compared ...

CariBouFarms / CariBou Farms

npub1u52…8d89

2024-10-19 15:10:55

Time preference refers to how much we value present goods or gratification compared to future goods or gratification

🕰️

A high time preference means we prioritize immediate rewards

A low time preference means we are willing to delay gratification in the present moment for greater future benefits

—

The hardness of the money we use is the control knob for our time preference

💵

Fiat currency is easy money

Easy to create in infinite amounts

Easy money = high time preference

💎

#Bitcoin is the worlds hardest money

Hard to create, absolutely scarce with 21 million units

Hard money = low time preference

—

Health is a low time preference endeavour

Parenting is a low time preference endeavour

Regenerative farming is a low time preference endeavour

#Bitcoin is a critical foundation for a low time preference civilization that values the future more than the present

Hard money is the key to leaving the world a better place for our children

—

Adopting Bitcoin is a much bigger decision than simply adopting better money

It’s a decision that makes you a healthier human, a better parent and a more responsible farmer

#nostr #bitcoin #money #health #food #farming #parent #regenerative #finance #truth

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npub1u52etr053ylx0pc4rk2qz237ex7nvcsly5r4ay5d73fnatj2punqlv8d89

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Published at

2024-10-19 15:10:55

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