• Market Cap: $1,199,020,387,271.41
  • 24h Vol: $21,464,332,929.33
  • BTC Dominance: 44.10%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson

Jon Hartney by Jon Hartney
August 3, 2022
in Bitcoin, Blockchain, Business, Market
0
Bitcoin analysts weigh sub-$17.5K dip after ‘weak’ BTC price bounce
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society.

The ability to save up is an essential tool for self-regulation and planning for the future, but when inflation becomes uncontrollable, those who put in their efforts to delay gratification get punished for their choice. On the other hand, Bitcoin (BTC) does the opposite, according to clinical psychologist Jordan Peterson. 

In the show called What is Money?, Peterson joined the Bitcoin entrepreneur Robert Breedlove to talk about money and discuss the effects of fiat inflation on people who forego instant gratification and how Bitcoin gives hope for the future.

Related articles

Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

June 4, 2023
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023

According to Peterson, hyperinflation hurts those who are patiently putting in the work and are saving up for the future. He described these people as the “pillars of our society,” and Peterson argued that these people are vital to the security and survival of civilization. He explained that:

“You want to encourage people to have some faith in the future and make decisions that make the delay of gratification morally laudable and intelligent. Inflation hurts those people.”

Peterson highlighted that with inflation distorting the market, one of the things that made him interested in Bitcoin is that there are no such distortions or interference. Cryptocurrency enables a free market, according to the psychologist.

He further mentions that BTC may be a device that will enable society to adapt to what he describes as the horizon of the future. “It’s the only bloody device we have. Unless you think central planners are going to manage it. Good luck with that. That’s just not going to happen,” he said.

Related: Bitcoin 2022: Thiel calls Buffett ‘sociopathic,’ Mexican billionaire has 60% in BTC

Peterson dived into Bitcoin in 2019 when he started accepting BTC donations after leaving the subscription platform Patreon because of issues on free speech. The 12 Rules of Life author has also been trying to understand Bitcoin since 2021, inviting BTC proponents to his podcast and exploring more about cryptocurrency.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

by Jon Hartney
June 4, 2023
0

The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

by Jon Hartney
June 4, 2023
0

After the naysayers left Bitcoin for dead in 2022, it’s back with a bang so far in 2023 Here’s

5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

by Jon Hartney
June 4, 2023
0

Level up your skills in language models and automation with free ChatGPT and generative AI courses

Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

by Jon Hartney
June 4, 2023
0

Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

by Jon Hartney
June 4, 2023
0

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Cryptocurrency markets’ low volatility: A curse or an opportunity?

Cryptocurrency markets’ low volatility: A curse or an opportunity?

June 4, 2023
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023
Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

June 4, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Cryptocurrency markets’ low volatility: A curse or an opportunity? June 4, 2023
  • Three Reasons Behind Bitcoin’s 2023 Resurgence June 4, 2023
  • 5 free ChatGPT and generative AI courses June 4, 2023
  • Pro-XRP attorney’s phone hacked to promote LAW token June 4, 2023
  • FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’ June 4, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,229.000.16%
  • ethereumEthereum(ETH)$1,905.190.14%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$307.16-0.07%
  • usd-coinUSD Coin(USDC)$1.00-0.03%
  • rippleXRP(XRP)$0.531.17%
  • staked-etherLido Staked Ether(STETH)$1,904.920.32%
  • cardanoCardano(ADA)$0.3812121.21%
  • dogecoinDogecoin(DOGE)$0.0729090.28%
  • solanaSolana(SOL)$22.003.99%
  • matic-networkPolygon(MATIC)$0.90-0.26%
  • tronTRON(TRX)$0.081652-2.66%
  • litecoinLitecoin(LTC)$95.87-1.10%
  • polkadotPolkadot(DOT)$5.351.20%
  • binance-usdBinance USD(BUSD)$1.00-0.04%
  • shiba-inuShiba Inu(SHIB)$0.000009-0.04%
  • avalanche-2Avalanche(AVAX)$14.751.58%
  • daiDai(DAI)$1.000.04%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,263.000.24%
  • uniswapUniswap(UNI)$5.090.08%
  • chainlinkChainlink(LINK)$6.521.23%
  • leo-tokenLEO Token(LEO)$3.610.23%
  • cosmosCosmos Hub(ATOM)$10.801.46%
  • okbOKB(OKB)$46.06-0.25%
  • moneroMonero(XMR)$149.502.05%
  • ethereum-classicEthereum Classic(ETC)$18.230.16%
  • ToncoinToncoin(TON)$1.74-0.27%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • stellarStellar(XLM)$0.092498-0.22%
  • bitcoin-cashBitcoin Cash(BCH)$116.481.35%
  • internet-computerInternet Computer(ICP)$4.850.52%
  • filecoinFilecoin(FIL)$4.82-1.60%
  • true-usdTrueUSD(TUSD)$1.00-0.19%
  • lido-daoLido DAO(LDO)$2.30-0.99%
  • AptosAptos(APT)$9.262.40%
  • quant-networkQuant(QNT)$116.51-0.16%
  • crypto-com-chainCronos(CRO)$0.0620924.23%
  • hedera-hashgraphHedera(HBAR)$0.050926-0.09%
  • ArbitrumArbitrum(ARB)$1.23-1.29%
  • nearNEAR Protocol(NEAR)$1.640.27%
  • vechainVeChain(VET)$0.020002-0.08%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • apecoinApeCoin(APE)$3.161.01%
  • the-graphThe Graph(GRT)$0.128401-1.18%
  • algorandAlgorand(ALGO)$0.1530250.14%
  • the-sandboxThe Sandbox(SAND)$0.582.17%
  • eosEOS(EOS)$0.920.65%
  • paxos-standardPax Dollar(USDP)$1.00-0.11%
  • fraxFrax(FRAX)$1.000.11%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • elrond-erd-2MultiversX(EGLD)$38.792.82%
  • render-tokenRender(RNDR)$2.693.15%
  • optimismOptimism(OP)$1.501.01%
  • rocket-poolRocket Pool(RPL)$49.720.90%
  • aaveAave(AAVE)$64.170.35%
  • decentralandDecentraland(MANA)$0.4931511.36%
  • fantomFantom(FTM)$0.320387-0.80%
  • tezosTezos(XTZ)$0.931.59%
  • blockstackStacks(STX)$0.62-0.08%
  • theta-tokenTheta Network(THETA)$0.850.69%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,048.030.26%
  • axie-infinityAxie Infinity(AXS)$7.210.71%
  • immutable-xImmutableX(IMX)$0.833.79%
  • flowFlow(FLOW)$0.730.16%
  • havvenSynthetix Network(SNX)$2.370.48%
  • usddUSDD(USDD)$1.00-0.15%
  • neoNEO(NEO)$10.45-1.23%
  • kucoin-sharesKuCoin(KCS)$7.460.45%
  • BitDAOBitDAO(BIT)$0.495863-0.52%
  • galaGALA(GALA)$0.029873-1.89%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.910.07%
  • curve-dao-tokenCurve DAO(CRV)$0.860.06%
  • radixRadix(XRD)$0.0675100.11%
  • Bitget TokenBitget Token(BGB)$0.4708050.82%
  • injective-protocolInjective(INJ)$8.010.93%
  • bitcoin-cash-svBitcoin SV(BSV)$32.990.91%
  • makerMaker(MKR)$696.053.72%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • gatechain-tokenGate(GT)$4.26-3.94%
  • klay-tokenKlaytn(KLAY)$0.1871360.56%
  • gemini-dollarGemini Dollar(GUSD)$1.000.32%
  • conflux-tokenConflux(CFX)$0.271370-3.92%
  • bittorrentBitTorrent(BTT)$0.0000010.36%
  • iotaIOTA(MIOTA)$0.2034251.17%
  • kavaKava(KAVA)$1.010.38%
  • terra-lunaTerra Luna Classic(LUNC)$0.00009512.15%
  • chilizChiliz(CHZ)$0.1027951.71%
  • PepePepe(PEPE)$0.000001-2.52%
  • casper-networkCasper Network(CSPR)$0.0470630.65%
  • Tokenize XchangeTokenize Xchange(TKX)$6.460.23%
  • pax-goldPAX Gold(PAXG)$1,949.170.00%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • SuiSui(SUI)$0.960.37%
  • mina-protocolMina Protocol(MINA)$0.550.94%
  • compound-ethercETH(CETH)$38.270.26%
  • dashDash(DASH)$43.410.88%
  • gmxGMX(GMX)$55.70-0.52%
  • xdce-crowd-saleXDC Network(XDC)$0.035222-1.69%
  • huobi-tokenHuobi(HT)$2.991.58%