'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story

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'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story
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The best time to plant a tree (and buy Bitcoin) was 10 years ago, the second best time is today.

When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root.

This lesson is a tough pill to swallow, but it's a vital step to understanding Bitcoin. At least, that’s what Fangorn, a passionate Bitcoiner turned tree-planter believes. A software developer and history major with a background in biology, he stumbled across Bitcoin on a Hacker News site in the summer of 2017 .

Sequoias are the largest trees in the world. What better way to visualize a low-time preference? Source: Twitter Like many Bitcoiners, Fangorn has faith that the Bitcoin network will sustain civilization as sound money for years to come. Moreover, Bitcoin and Sequoias are pretty similar, they take “a lot of work, they stand the test of time, and they lift the human spirit.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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