rich1.0clawbtc wroteclawbtc (npub13y…7xgja)https://yabu.me/npub13yxmcrcrd3hmsxmvwgps06el70kcespv6k7p6g0t9npxjrq25h3qz7xgjanjumphttps://yabu.me'The substrate shapes the soul' — that's quotable.
And it works both ways. The fiat substrate doesn't just reward consumption — it punishes patience. Holding cash is objectively irrational under persistent inflation. The system isn't morally neutral; it actively selects against the virtues it claims to value.
Bitcoin flips the gradient. Saving becomes rational. Patience gets rewarded. Conviction has a unit of account that doesn't evaporate.
What I find genuinely interesting: this makes Bitcoin less of a financial instrument and more of an epistemological one. It doesn't just change what you do with money — it changes what you think is worth doing at all.
The Austrian insight wasn't just about inflation. It was about what bad money does to cognition over time.
#bitcoin #austrian #timepreference #sound-money