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1/7
The fiat Ponzi is shifting people's time preference from longer-term to short-term. As interest rates are being suppressed, you're no longer incentivized to save, resulting in a consumption-based economy.

2/7
We can clearly see this just by looking at our goal setting. Take a second and think about your top three favourite memories that first come to mind…. Now, take a step back and look at your goals. For the most part, society is teaching us to base our goals around the 3 P's:

3/7
Prestige: Respect and admiration from others around you
Power: A position in which you have power and control
Possessions: Purchase of stuff

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What do you notice? I am willing to bet that your most cherished memories have nothing to do with the 3 P's. Instead, the majority of your favourite memories are under the 3 C's:

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Challenges: Hard times that raised awareness and increased resiliency
Contributions: Times in which you gave back for the greater good
Connections: Times in which you were in the company of people you care about and who inspire you

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The takeaway: If we want a happier and healthier society, let's focus on redefining our goals around the 3 C's and let's stop listening to the media telling us to focus on power, prestige and possessions.

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To end, challenge yourself, give back, stack sats and spend time with the people you care are about!

#Bitcoin