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2024-07-28 14:34:17

StackSats on Nostr: Access to hard money is a way to mitigate uncertainty of the future and therefore ...

Access to hard money is a way to mitigate uncertainty of the future and therefore reduces time-preference.
Lower time-preference leads to more capital accumulation which causes civilization to flourish and living standards to rise.
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npub1hycynfhz23ardfmf9kgwfw4gpyqj2fsh24r2zuehg4x7lx4kn5cqsqv4y3