For instance: 10 years ago, I would have said people who take out a loan and go to college, finish, and get a great job are low time-preference.
The guy who was like, "this is stupid, gonna just buy Bitcoin", is looking like a genius, now.
Was the person who went to college low time-preference? Maybe they just went because their friends were going.
Was the person who "bet everything on crypto" prescient or just a gambler?
We don't know.
Laeserin
npub1m4…jc2jl
2024-06-20 23:18:57
in reply to nevent1q…rs9x
Author Public Key
npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jlPublished at
2024-06-20 23:18:57Event JSON
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"content": "For instance: 10 years ago, I would have said people who take out a loan and go to college, finish, and get a great job are low time-preference.\n\nThe guy who was like, \"this is stupid, gonna just buy Bitcoin\", is looking like a genius, now.\n\nWas the person who went to college low time-preference? Maybe they just went because their friends were going.\n\nWas the person who \"bet everything on crypto\" prescient or just a gambler?\n\nWe don't know.",
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