528 sats \ 3 replies \ @DarthCoin 24 May 2023 \ on: How has Bitcoin lowered your time preference? bitcoin
- moved out of big city is a big step and help a lot to lower your preference. I never regret it, but enjoy it.
- earning in BTC helps a lot, to move away from the "fiat mentality" that always drag you down into the spiral of debt. STOP accepting fiat! Be prepared from now, do not wait for the CBDC to come. That moment you will be in really shit trouble.
- paid all debt, no matter what and live a free debt life. Is possible (not sure for US people that are so brainwashed into using credit cards...) Never take another loan. Live with what you have, earn, save. You don't have it ? Wait until you have it or change the plans/project. Or do nothing. Life is NOT gonna end just for that.
- live simple. You don't have to be a homeless guy, but also forget about luxurious shit. Just look what you've bought few years ago.. instead of BTC https://bitcoinorshit.com/ and think again when you need to change a new sofa or a car.
- sell the car, buy a bike or walk, or bus. Don't be a pussy, is healthy and cheap.
- don't buy a house / mortgage. Rent a normal cheap house, out of high areas. Or if you really want a property, then buy land with a small house and have also a garden and if is possible some animals, chickens etc.
- create a bitcoin community around you like https://twentyone.world/ -
- PATIENCE is key to everything. Why are you so impatient to sell your BTC? Wait until is not necessary anymore or make it happen.
agree with the point about biking… i recently got my first adult bike and am amazed at how far i can travel on it… in the city it’s almost as fast as driving too.
reply
reply
Oof
reply