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rafftyl
rafftyl@getalby.com
npub1wvjw...my82
Programmer, musician, thinkboi.
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rafftyl 2 months ago
@Minibits Yo, is the mint down? My generational wealth of 100 sats is locked.
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rafftyl 2 months ago
What a cool feature, especially for product-related npubs. Makes it much easier to find discussions about particular clients. View quoted note →
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rafftyl 3 months ago
Great argumentation! However, I think it is worth highlightning that we cannot ignore risk assessment when making judgements of the hoarder's time preference. This is because we take actions based not on offered interest rate, but the EXPECTED rate. For example, if somebody approaches me with an offer of 15% ROI on my Bitcoin, my expected rate is -100% (I assume they're a scammer), so refraining from lending in this case does not demonstrate a high time preference. Therefore, in the current state of the market (with no strong lender protections), we cannot easily evaluate the time preference of bitcoin holders/hoarders.