Interview: Redefining Time Preference With Kaz Bycko

In this episode of “Meet The Taco Plebs,” Mind/Matter and I discussed the connections between the low time preference effect of bitcoin and health.

Relationships are another victim of the low time-preference infection created by fiat money.

Sports and Bitcoin both transform energy through low time preference into appreciable proof-of-work rewards.

JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference for bitcoin to gold sets up the crypto for future success. The financial institution’s assessment comes as the digital currency continues to see increasing adoption by institutional investors and an embrace by corporations like payments giant Paypal. According to a report, JP Morgan....

“I'm trying to get people to plant trees," says Fangorn, a green-fingered Bitcoiner, "as an avenue for low-time preference.” When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root. “Zoom out” refers to taking a break from the omnipresent price charts that populate news feeds and Twitter threads. Consider looking at the price of Bitcoin (BTC) over the past five years–as opposed to over the past 6,12 or 18 months.HODLing Bitcoin has far outperformed HODLing stocks over the past five years. But what does “lower your time....