Jeff Booth: Bitcoin & the Doom Debt Spiral

[@Swan_Bitcoin]

For more awesome Bitcoin education visit ---> swan.com/yt

[@InvestBetter.]

Small nations, that don't have their own currency system, like El Salvador, have a great opportunity to take control of the next 100 years, but moving to a Bitcoin Standard. It is much, much harder for nations, like the U.S., to pivot from an inflationary, debt-based system to a deflationary value-based system. No one controls Bitcoin, so ceding control to a decentralized base layer of value will be smart, but tough, especially for politicians captured by banks and other private interests

[@pickin6strangs]

5:21 what a poignant revelation between the two worlds of fiat and Bitcoin. Owning your time, Time does matter, just realized hanging in the fiat world and converting to Bitcoin is one step but transitioning into full BTC is goals. 🎉 Great clip. Living with hope is essential

[@HtPt]

Jeff goes so deep in the rabbit 🐇 hole 🕳️, I lost him but finally I got it . 99% on Bitcoin 1% on fiat if any .

[@marlon82mc]

If THEY keep us arguing with each other we will never focus on THEM. Genius.

[@HtPt]

Divide and conquer. Basically.

[@ChrisandJessaKay]

Fantastic clip from a fantastic episode. The concept of Ego death will chsnge you 😮

[@smilesbitcoin]

Great content and updates from Swan, thank you for what you do

[@billfrenger8955]

Yes Jeff, the system is not changed inspite of our sacrifices and we are left fighting among ourselves. Case in point; the generation that stood up against "The Establishment" in the 60's and 70's are now labeled as "Boomers" and part of the systematic problem that current generations suffer under and struggle against. The bright spot today, and what those in the 60's and 70's did not have is...Bitcoin.

[@InvestBetter.]

Translation: We are all, as in all nations using a fiat-based economic system, bankrupt. Now, we are just manipulating the system to keep the lights on, as long as possible Over the next 5-10 years. as the current global economic system collapses underneath the weight of its own debt, the best-run nations will move to a Bitcoin Standard (See El Salvador)

[@clarencemartens3831]

Always listen to the "CRAZY ONES" . Galileo Galilee and Mark Twain are two who come to mind. They are always right! Take the path " Less travelled".

[@hyunsookahn7010]

Do not jump in the dark!! At the last stage of humanity, where your body will be currency!! Ancient cannibalism with new technology restored. You are just material, not have soul, humanity in it. Money is everything, humanism destroyed. Congratulation!! Enjoy, Mr. materials.

[@IDC45]

The laws surely do change to accommodate whoever controls the money. Bitcoin fixes the world.

[@magnetic-pulse]

I Wish the peeps would wake up . Bitcoin is a Life raft.

[@levimiller1301]

What prevents a govt from confiscating/operating the ledger?

[@jamestakashiro5660]

When will the U.S. dollar go to all digital and no more paper money?

[@HtPt]

Pretty much now , I can go days without touching paper money 💴. Try it .

[@sammyyourmammy8170]

My greatest fear as an american is that the govt will outlaw the possession of bitcion.....

[@pdeuart1306]

They will.They need a monopoly on currency.

[@BitcoinGladiator]

You don't need amber harris scammers... YOU NEED BITCOIN

[@dancovrboski9135]

Bitonot Evropa USA. Do kolu dago krevam do 2024.130.namogy

[@knownow6361]

But I still have to pay taxes in fiat....unless I move to El Salvador. Sorry, not going to do it. I will live in both worlds and stay awake.

[@endthefed5304]

Jesus knew this would happen to the world 🌎. He is returning soon and will fix it. Meanwhile DCA and Hodl. And use LN.

[@stopper90004]

He's not coming until he finishes mowing my lawn!

[@hyunsookahn7010]

Your body is not yours, it's just my currency. Awesome? or Creepy? You are just a product, a data generator. Is it OK if you have enormous currency? what is the real meaning of Life to you? Money is the meaning of life.