The Inevitable Path for Central Banks w/ Jeff Booth - Fed Watch 31

[@JetLife413]

One of Jeff’s best interviews. Great job guys

[@gainsy5425]

Jeff Booth.. most solid guy of all time

[@kenanklovitch8117]

Wow, amazing interview, I have been in crypto for over 4 years, in the last 3 months or so I have been learning at an exponential rate thanks to all of the awesome people like Jeff and many more. Thanks guys.

[@jtarrats100]

Read his book, easy to read, insightful ideas

[@villesuutarinen]

A new drinking game: bottoms up every time Jeff says "a whole bunch of" ;)

[@FernandoFominaya]

Well, let's say we have the wonderful world of Jeff Booth. Bitcoin reigns and we have constant deflation. Some disadvantages: Who keeps the unemployed? Technology deflation causes unemployment. Its ultimate end is that no one needs to work. But it has no mechanism to distribute. You might be willing to do any job and, however, fall by the wayside. Whoever has bitcoins doesn't need to risk them in new ventures. Why would he or she do that? In Jeff's world, bitcoin revalues proportionally to deflation. Who is going to create new businesses? Sure there are advantages: the Italian and Russian mafia don't need to commit crimes, it is enough for them to sit and wait for their bitcoins to appreciate in value. There is no government (or if there is one, it has no power), and there are no taxes. Whoever has more bitcoins rules. See the previous point. That's the marvellous new world? Current governments with fiat money might be awful, but at least we can vote them off.

[@alankern9490]

Agreed. We’d still need a mechanism for distribution. Hence, bitcoin doesn’t solve everything, it merely sits at the bottom layer of society to allow us to get off the hamster wheel and start solving more difficult problems.

[@reggie888s]

He needs to be got to a wider audience, as a start can you get him on POV Crypto podcast?

[@MozelleP2V]

Seems more informed on some areas than others. Love what he says about finance, but he's lacking info in climate change.

[@gainsy5425]

....and who's is the unenlightened cretan that gave this a "thumbs down," Jesus

[@brucerobtoy7519]

Just to piss you off i will change my vote also.