The economist Hans-Hermann Hoppe explains that once time preference decreases enough to allow for the formation of some savings and capital, or durable consumer goods, the tendency is for time preference to decrease even further, as a “process of civilization” begins.

A genuinely strong currency is a key factor in determining individual time preference.

The streets are deserted, everyone ran away scared of the dip. For me, it’s just another day to stack cheap sats.

We should do what is morally right and not what is logical because our brain will betray us if we follow logic.