{"type":"rich","version":"1.0","title":"AF wrote","author_name":"AF (npub1hh…3cz98)","author_url":"https://yabu.me/npub1hhczaensvm77hgj4uxk804n6m9gy3hk4p6ugtgqu4vu32mjzst0s83cz98","provider_name":"njump","provider_url":"https://yabu.me","html":"Most people misunderstand the concept of time preference. \n\nNeither a low nor high time preference is inherently good or bad. Rather, time preference serves as a metric or heuristic for understanding an individual’s circumstances and values. \n\nFor instance, in a country experiencing hyperinflation, where access to a stable currency is limited, a high time preference is a rational response. Similarly, if someone is diagnosed with terminal cancer and given six months to live, a high time preference is a logical choice. \n\nPeople should not blindly strive to adopt a specific time preference. Instead, the most suitable time preference will naturally emerge based on one’s circumstances and priorities.\n\nnostr:note1k5nkkfra9al6s40m2qvm24psue29kxpmnskjhsa2llzp3ccqjcmshr9pga"}