Why bother with the alchemy of turning lead into #gold when you can transform fiat into #Bitcoin?

My humble hut in El Salvador. Paid the rent in #BTC . PoW Painting in Gouache, 32x24cm. Available for purchase (#Bitcoin  only).

Can we improve the concept of “Time Preference”? I heard about this concept in @saifedean’s book “The #Bitcoin  Standard” for the first time. Low = Person who can wait for rewards. High = Person who cannot wait for rewards. Low/High refer to „Preference“, i.e. your preference for time in terms of the nearness of rewards on the timeline is low or high. Slow/Fast refer to „Time“, i.e. you prefer slow or fast passage of time, implying you can or cannot wait for rewards. Long/Short refer to „Time“, i.e. you prefer a long or short time horizon for rewards. Also notice the direction in regards to scalar opposition by using „good“ and „bad“ (in terms of future rewards more likely): low - high -> bad - good slow - fast -> good - bad long - short -> good - bad Which adjectives describe the concept most intuitively?