Oddbean new post about | logout
 Lack of education and the inability to harbor the beauty of low time preference. 

We are conditioned to want immediate gratification. 

It takes time to adjust I suppose. 🤷🏻‍♂️ 
 i think it has more to do with the promise of getting rich quick as bitcoin most people think they are already late… this assumption is based on the ignorance of thinking that a coin worth $1 or less can go to bitcoin price (they know shit about issuance, market cap, etc.)