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60 sats \ 2 replies \ @BlokchainB 4 Apr \ parent \ on: Stacker Saloon
But bitcoin is supposed to change this no?
Investments should still make sense under a bitcoin standard.
That's how I read this:
Present money is more valuable than future money
Under a bitcoin standard, people will invest to provide more value in the long run instead of "invest" to "save money".
"investing" getting used interchangeably for "saving money" might be one of the things I hate the most about the fiat system. investing to save money from inflation ...
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No, this is not the same as inflationary or depreciating currency.
This is time preference. People prefer to have things now rather than later.
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