It's really when the Bitcoiners start going in on the "time preference" stuff that my anger becomes deeply philosophical and therefore far more intensely furious
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In which they use the term in the exact same classic way that other cults have used similar terms like "faith"
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(Indeed the classic proverb "A bird in the hand is worth two in the bush", which is often cited as an illustration of the concept of "temporal discounting", gets a whole aside in Pilgrim's Progress where they talk about how that proverb came from the Devil to lead men to Hell)
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You cannot drag a definition of an economic behaviour through the mud by calling it "white-supremacist" or master/slave mindset. That's absolutely bs you are fabricating. Economic behaviour is navigating an uncertain environment. Low time preference can give you an advantage here
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But in your little world, a fisher on an island is suddenly a slave master because instead of deciding to catch 2 fish a day by hand. He decided that one day, instead of eating 1, he builds a net. So he can fish 4 a day, cutting his work in half.
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also the ratcultists use it a lot, and for similar reasons.
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