How Sports And Bitcoin Exemplify Low Time Preference And Efficient Energy Expenditure

0
64

Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We seek to acquire energy reserves to provide security for an unpredictable future. The more energy reserves we have access to the higher the likelihood we are able to survive periods of stress or hardship.

If our main goal is increasing energy reserves then this can be the lens through which we view all human action. Knowing the end game provides clarity on the value of every action.



Source: Bitcoin Magazine

LEAVE A REPLY

Please enter your comment!
Please enter your name here