43 sats \ 0 replies \ @Rothbardian_fanatic 17 Oct \ on: Low Time Preference When You Don’t Have Much Time Left mostly_harmless
You have to have a low time preference if you are going to be a holder.People with higher time-preferences would have gotten out of their holding pattern when bitcoin hit a level that activated them, be it $1, $10, $100 or even $1,000. They would have sold out. Who knows to where the dollar will sink? After all, one bitcoin will be one bitcoin forever (or until the concept is abandoned).