TFTC Launches BTC Pricing Tool To Encourage Low Time Preference
Truth for the Commoner (TFTC) has introduced the 'Opportunity Cost' browser extension, allowing users to view online prices in Bitcoin to aid purchasing decisions. The extension aims to promote low time preference, increase Bitcoin adoption, and provide a tool for businesses to calculate revenue in BTC. TFTC founder Marty Bent highlighted the distortion of price signals in the fiat economy, asserting that Bitcoin can restore reliable economic calculations. The open-source extension is part of a broader movement to normalize Bitcoin as a standard for pricing and financial calculations. Several companies are adopting Bitcoin as a long-term asset, utilizing it for lending, collateral, and operational expenses, enhancing the necessary infrastructure for a Bitcoin-centric economy.
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