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990 sats \ 3 replies \ @elvismercury 12 Nov 2023 \ on: Best Bitcoin Mindset Hack bitcoin
Directionally, this seems like a good thing to do. Practically, there are limits.
It's easy to get into a mindset where all you think about is the spending power of your future self, and instead of freeing you, it's a stronger chain than what you had before. Gollum squatting in the corner staring at his Precious comes to mind.
I try to be mindful of how my decisions and potential experiences can actually improve my life, and the lives of others in my orbit, across various timescales. Deferring all pleasure to some awesome future where I am rich is not helpful. Not saying you're endorsing that, but some do. Or at last, they larp about it.
Absolutely. Economics is all about trade-offs given time and resource constraints. I try to be mindful of the value duration for decisions. Purchasing a condo is a long term decision, so it needs to be measured on a long term scale. A latte, not as much, but it does drive one to think about minimalism and what actually matters.
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I don’t have a source for this but I have this printed on my kid’s wall.
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Brilliant. I want one on my wall. Or tattooed on my face, maybe.
(Although that might count as one of the 'errors in judgment')
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