TFTC Launches BTC Pricing Tool To Encourage Low Time Preference
Truth for the Commoner (TFTC) launched the “Opportunity Cost” browser extension, enabling users to view online prices in Bitcoin (BTC) or sats. The extension aims to promote low time preference behavior, increase Bitcoin adoption, and assist business owners in calculating revenue in BTC. Marty Bent emphasized that the current economic environment has distorted traditional opportunity cost concepts due to fiat currency manipulation. The open-source extension seeks to restore reliable economic decision-making through Bitcoin's proper hurdle rate. A growing number of companies are adopting Bitcoin treasury strategies, converting cash reserves to BTC for long-term value retention. Bitcoin-backed loan products from firms like Ledn allow BTC holders to use their assets as collateral for financing various expenses without selling their Bitcoin. These developments are essential for establishing a Bitcoin standard in economic calculations.