Jay on Nostr: High time preference sushi is always worth it for me. But that desire is tempered by ...
High time preference sushi is always worth it for me. But that desire is tempered by the fact that my favorite sushi place about a 30 minute drive away so it's not really all that high time preference in the end.
I dunno, holding Bitcoin for a long time and having it in the back of my mind that I can wait to consume most things because of that stack has the effect of growing low time preference over time for the most important things. Maybe you start by making 5% of your decisions low-time-preference and that percent increases over time the more you have to choose between spending or saving now that you can actually save money. Then the things you do spend your real money on become so much more valuable to you.
Published at
2024-02-04 18:58:08Event JSON
{
"id": "d79c9356a31e2f89edc002d2d37f21353c15d76ae7bfd36f730ca235f0e8f38a",
"pubkey": "d7607464225c8ab610da99495bc70c8a3a45a03f8a22a95f06fcb5bc421e573a",
"created_at": 1707069488,
"kind": 1,
"tags": [
[
"e",
"4427eb338f5c0b1d88d5ece8d478b39b5954ea496eab1ce16de7d5d8449559a5",
"",
"root"
],
[
"p",
"813a2cfda49a8801e21bed3c2380e786fa4cad753dd15b1af19a37a815579579"
]
],
"content": "High time preference sushi is always worth it for me. But that desire is tempered by the fact that my favorite sushi place about a 30 minute drive away so it's not really all that high time preference in the end.\n\nI dunno, holding Bitcoin for a long time and having it in the back of my mind that I can wait to consume most things because of that stack has the effect of growing low time preference over time for the most important things. Maybe you start by making 5% of your decisions low-time-preference and that percent increases over time the more you have to choose between spending or saving now that you can actually save money. Then the things you do spend your real money on become so much more valuable to you.\n\n",
"sig": "0ab73117cf1a416e231c075911bcb87f2045bb6bbf92c6c1860075b5075067b87228a7bb150c4db896db5db93c3f44b730d0f7932e4bef14875bd09b53308a69"
}