Bitcoin & The Return To Prosperity Through Deflation with Jeff Booth | The Bitcoin Layer

[@h2jennings]

Anytime Jeff Booth is speaking I'm listening. Great interview!🙂

[@dirkcadlick6339]

I follow Jeff Booth a lot. When you finally start to understand what he’s trying to tell us… it’s mind blowing. Very intelligent person

[@shifu9276]

Jeff’s the man

[@lesjf8832]

Put the youtube down and google bitcoin and stop listening to these swindlers.

[@TheBitcoinRevolution]

It takes a while to understand and then, bam! And then you listen again and hear something new, bam, repeat!

[@robertrobert6665]

Nik, Jeff and Bitcoin provide hope(and 💯signal!)

[@JTland-sea-air]

Jeff is the man! You both win in that interview! Everytime, I listen to him, it sinks in more how entrenched in the old system our thinking really is!?? I hope leaders at the highest level are taking note. He just gave them the strategy to do this harmoniously and effectively! I'm seeing the light⚡️💥

[@yanxu2639]

Wow, can't believe what I am hearing, a higher level of thinking! Thank you so much

[@Just21Million]

2 of my favorite authors🙌

[@randolphbrandt3713]

Nick, Jeff, Your books take the complexity of our time and break it into understandable bite sized chunks. I am grateful for your work.

[@johncowan7740]

Hey Grass hopper, you gotta understand these guys are theoretical, that's why people are so drawn to them, but the real world doesn't work like that.

[@richardhubbard2151]

Jeffs a gift. Pay attention!

[@ggrthemostgodless8713]

Any channel that can pull Jeff into an interview is a channel I immediately subscribe to... you got a new one man. Good job with the interview. Lyn Alden next??

[@Chuck-be7ed]

“Intelligence is error correction.” - Jeff Booth (first principles genius)

[@EdwardVillemaire]

Incredible questions Nik! Jeff Booth continues to unpack troubled economics. Thank you for your first principle analysis Jeff.

[@MrFrankiebos]

This was great! Thank you, Nik and Jeff!

[@pyorba]

Thanks!

[@bschinski]

Near the end, Jeff's comments on the geopolitical dynamic and the Fed's possible strategy regarding China's current financial desperation deserve wider consideration by macrostrategists. This was especially enlightening when preceded by Nik's previous interview with James Palmer. Thanks for a pair of great interviews, Nik!

[@michaelzuchowski4021]

China’s new deal to purchase oil in the yuan makes a lot more sense in this context

[@munshi.brojeet]

Jeff is a beast ❤

[@Pogdub]

top notch !

[@TheBitcoinLayer-]

🎄🎄ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ✙𝟒𝟓𝟗𝟮𝟒𝟱𝟑𝟑𝟗𝟔♡

[@jackwheeler5218]

Great interview! Could you please implement time stamps?

[@isaboteur2562]

I'm personally not a Bitcoin investor but my neice is. I'm going to share this video with her right now.😊

[@johngammon963]

As a guitarist I can't looking at Jeff's collection. Is that writing on the middle guitar?

[@gilbertguerra404]

Intelligence, listen.

[@thestonemaster81]

So it’s good to have a front seat

[@johnnymidas5879]

😃👍🔥❤

[@MagnusNemo-xc5nx]

After the last Satoshi is mined, what are the macroeconomic impacts of a slowly declining BTC supply? The purchasing power is entirely dependent upon demand. How does the system respond to external shocks? On a purely gold standard the supply and demand are relatively stable over time because of mining feedback. How do we achieve price stability in a hyperbitcoin world?

[@lambchoppa3718]

How does anything with Jeff Booth not have 100k likes!? Mind blown... again. Maybe it's just cause I'm another crazy canadian 🤪 also would like to say very good questions, good interview 👍

[@Jacob-v2x]

i would like to understand what happend to debt in a deflationary system

[@INCREDHISTORY]

The cost of capital would rise tremendously. Borrowers would be paying very high interest rates. Goods and services would become cheaper.

[@JTland-sea-air]

The macro point is, however in a truly deflationary/free market system, debt is unnecessary. See...you have to think in a completely different way. Stay at it...the switch will happen and you will be free!

[@LEDit0ut]

If money is worth less tomorrow it makes sense to borrow as that debt would shrink tomorrow. If money was worth more tomorrow the debt burden would also be greater. The free market would recognize that it makes sense to save to buy rather than borrow to buy.

[@flyingsnow311]

I guess he's Outlook on Robotics and that the automated manufacturing processes will cause, prices only go down, is a very romanticized notion. The diagnosis is correct, but the individual does not benefit from it. The result will be, a few more even richer billionaires on the planet.

[@TheBitcoinLayer-]

🎄🎄ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ✙𝟒𝟓𝟗𝟮𝟒𝟱𝟑𝟑𝟗𝟔♡

[@LEDit0ut]

This is only true because of inflation in a debt based economy. If you disable the ability to fractionally lend money what he is saying would be true. You can disagree all you want but bitcoin is the proof. Everything falls in price when measured in bitcoin terms.

[@TimmyPaco]

Jeff's thesis forgets that innovations that are technology based brings new products and services and sometimes have nothing to do with procudtivy improvements alone and this fact contradicts his arguments that technology should necessarily be deflationary.

[@LEDit0ut]

You are ignoring the fact businesses are inherently competitive. If they can undercut the competition by 1 cent by improving supply chains and manufacturing techniques they would. And they do do this. The problem is we don’t see the benefits as the consumer because of inflation. This is also why nothing is built in the US. Because of the cantillon effect. 3rd world countries are furthest away from the money printing. That is why is it cheaper to manufacture over seas.

[@btdoe3259]

Can anybody guess why Hollywood is producing so many dystopian future type movies 🙄

[@lesjf8832]

FFS, this man has NO integrity if he's still peddling the bitcoin scam.

[@JTland-sea-air]

I hope someone takes the time to throw you some bread crumbs of understanding. It's not me tho! 😂

[@satoshidownunder]

Cry harder scammer!