5M
...
![](https://cryptocrunchapp.com/wp-content/uploads/2024/04/low-time-preference-thumbnail.jpg)
The Lindy effect posits that the future life expectancy of ideas, books, or technologies increases with their current age, signaling a low time preference and substantial value. Although not a flawless predictor, it is a practical heuristic: entities that have withstood time’s test typically have enduring value or utility. For instance, the Bible, enduring for over two millennia, is a cornerstone of Western civilization, its longevity attesting to its deep wisdom and cultural significance.
In the same vein, individuals with a low time preference value longevity and sustainability, favoring choices that yield long-term benefits over fleeting gratification. They recognize that true…
Read more on bitcoinnews