993 sats \ 5 replies \ @Undisciplined 26 May 2023 \ on: Will Bitcoiners Do A Better Job of Retaining Their Wealth Over Time? bitcoin
To a first approximation it will probably be pretty similar.
However, I think because Bitcoiners tend to have low time preference, and that's a heritable trait, future generations are less likely to squander it.
is low-time preference really a heritable trait?
reply
Heritability can be either genetic or learned, and there is good evidence for a genetic component.
reply
that’s fascinating, thanks for sharing that link!
reply
I would suspect that it is mostly learned, but can be taught to children who are reared the right way. My parents and their parents were both low time preference, and they have passed that on to me through their teaching.
reply
That's in line with the study. It found about a quarter attributable to genetics.
reply