 | From The Bitcoin Standard: No matter how circumstances conspire against a man with a low time preference (someone willing to delay gratification for future reward) he will probably find a way to keep prioritizing his future self until he achieves his objectives. And no matter how much fortune favors a man with a high time preference (a person that has difficulty delaying gratification) he will find a way to continue sabotaging and shortchanging his future self.(Any thoughts on how Bitcoin helps move people to a lower time preference?) [link] [comments] |
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