Bitcoin Is Medicine

Bitcoin Is Medicine

I know what you’re thinking. “Bitcoin doesn’t have any physical ingredients. What does this have to do with nutrition?” True, Bitcoin is a decentralized digital property that uses cryptography to secure transactions and control the creation of new units, which records and verifies all transactions on a public ledger.

It operates on a peer-to-peer network without a central authority or servers. The nutritional standard that bitcoin allows is one based on low time vs. high time preferences.

The relationship between nutrition and bitcoin is indirect, as they are not directly related. However, the lifestyle and habits of an individual who is invested in bitcoin may affect their nutrition. For example, an individual who is actively trading bitcoin and monitoring the market may find themselves sitting at a computer for extended periods of time, leading to a sedentary lifestyle.

Worldwide, roughly 40 percent of the people who have cardiovascular disease, diabetes, or cancer do not achieve the minimum health requirements of 150 mins/week of moderate intensity exercise. So get those 10,000 daily steps at the very least!

A sedentary lifestyle has been compared to being worse than smoking a pack a day of cigarettes in terms of comorbidities it can cause by leading to unhealthy habits. For example, skipping meals and/or relying on unhealthy, convenience fiat food.

Additionally, the stress of short term investing in a volatile market can also impact an individual’s eating habits. Stress-eating, skipping meals, or overeating are all common coping mechanisms for dealing with stress and can negatively impact an individual’s nutrition and hence quality of life. These are examples of high time preference choices.

In contrast, Hodlers of bitcoin are less focused on short-term market fluctuations or high time preferences. Additionally, Hodlers who self-custody can find that there is less impact on their daily habits and nutrition. A good “Bitcoin diet” refers to a way of managing finances that is focused on investing in and hodling onto bitcoin as a long-term investment.

Bitcoin medicine

This approach to personal finance is based on the mathematical protocol that will continue to appreciate in fiat value over time. Hodling bitcoin for the long term will result in significant financial gains which can influence time preferences and lead to a more balanced healthy lifestyle.

It is important for individuals to prioritize their health, regardless of their investment strategies. This may include taking breaks from screen time, engaging in physical activity, and making healthy food choices. A long term strategy with low time preference can increase mindfulness leading to better choices in nutrition, health, and work-life balance.

References:

Breedlove, Robert “What is Money Show”

Ammous, Saifedean “The Bitcoin Standard, “The Fiat Standard”

Bitcoin Images: @hackzero twitter.com

administrator

Related Articles