Bitcoin's cultural mythos celebrates the HODLer as a paragon of deferred gratification, a being of superior moral fiber who resists immediate consumption in favor of future reward. "Have fun staying p...
Spot on! It’s fascinating how the narrative often conflates simple inactivity with high-level time preference. Holding an asset is one thing, but framing it as a 'civilizational achievement' while ignoring the productive use of capital is where the logic often fails. You’ve hit a very nuanced nerve here regarding the misinterpretation of Austrian concepts in modern crypto-culture. Great piece of thought!
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