Why Bitcoiners live longer and healthier lives:

in crypto •  2 years ago 

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Imagine a meteor was going to destroy the earth in 24 hours. Would you engage in healthy behaviors? What if it was a year or 10 years? The less time you have to enjoy life, the less you plan for the future.

Now, what if all your savings disappeared tomorrow? Would you invest for the future, or spend everything now? What if it was 10 years? Same principle.

Given the actual inflation rate of 7% for the last 100 years, your will lose about half your wealth every 10 years and 97% over 50 years. Whether you're consciously aware of inflation numbers or not, the constant erosion of savings leads to short-term thinking -- also known as high-time preference.

By contrast, Bitcoiners know that their savings will be protected from inflation, so every hour of labor they save now will be worth the same or more in the future. This encourages long-term planning or low-time preference thinking.

This is why Bitcoiners are far more likely to eat healthy foods and engage in behaviors that will maximize their future enjoyment of life.

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