199 sats \ 0 replies \ @kepford OP 8 Apr \ parent \ on: An Inch Deep and a Mile Wide mostly_harmless
Fair enough. I haven't written out my reasoning connecting all the dots in my thinking here. It might interest you to know that I actually didn't have a clue that bitcoiners talked about time preference for years. I learned about this subject area from economics, not bitcoin. Its not an ideal as many bitcoiners state. Its a calculation everyone makes every day many times a day. Its a fascinating topic to me. High time preference has its place just as low time preference does. In the end its all about incentives and their side effects.