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Podcast: Who is Satoshi
Episode: 024 Time Preference
Description: Send us a textA low time preference emphasizes a gain in the long term, or a delayed gratification. A high time preference emphasizes a gain in the present, often reflected in today's YOLO type ideology. This episode explores which time preference today's economic system incentivizes, the benefits of each, and whether you can have too extreme of a preference in either direction.