npub1r5…r4l4m on Nostr: For me, Bitcoin encouraged a massive mental shift away from immediate consumption ...
For me, Bitcoin encouraged a massive mental shift away from immediate consumption toward long term savings in the hardest money we’ve ever discovered. We’ve grown up in this wild environment where it’s almost impossible to “save” in the traditional sense, with 0.01% interest on these absurd fiat savings accounts while that cash is being debased at like 15% per year. So you’re pushed into stock market investments that you don’t understand, which creates a preference for more immediate consumption because the future feels so uncertain. How can we possibly build a future in this environment? All of the yield on our time is going to just staying alive in the present and trying to acquire things and experiences before our dollars become worthless. Bitcoin is the way out of this madness.
Published at
2023-03-03 03:56:39Event JSON
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"content": "For me, Bitcoin encouraged a massive mental shift away from immediate consumption toward long term savings in the hardest money we’ve ever discovered. We’ve grown up in this wild environment where it’s almost impossible to “save” in the traditional sense, with 0.01% interest on these absurd fiat savings accounts while that cash is being debased at like 15% per year. So you’re pushed into stock market investments that you don’t understand, which creates a preference for more immediate consumption because the future feels so uncertain. How can we possibly build a future in this environment? All of the yield on our time is going to just staying alive in the present and trying to acquire things and experiences before our dollars become worthless. Bitcoin is the way out of this madness.",
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