Jeff Booth, general partner at Ego Death Capital and author of The Price of Tomorrow, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss why Bitcoin’s advance is unstoppable, why deflation is actually positive, and how governments will get public buy-in for CBDCs. Booth also shares his views on which countries will be the first to move from fiat to Bitcoin. Booth and Makori spoke at the Bitcoin 2023 conference in Miami.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Jeff Booth on Twitter: @JeffBooth (https://twitter.com/JeffBooth)
0:00 – Fiat is built on deception and theft
7:11 – Why Bitcoin will become the pricing mechanism
11.00 – Inflation is theft, manipulated fiat
13:43 – Government pushback against Bitcoin
17:41 – Fiat/debt-based system cannot allow deflation
21:38 – AI will destabilize prices and labor exponentially
24:24 – Governments will incentivize CBDCs
31:26 – World needs Bitcoin as a neutral currency
33:27 – The blockchain trilemma
41:30 – Hyper-Bitcoinization and money monopoly
47:53 – Bitcoin’s global opportunity
50:19 – Money is information
56:17 – Timeframe for hyper-Bitcoinization
#bitcoin
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21 Comments
Phone was $35.00 total without calculator now with is hundreds of dollars with calculator bla bla bla. The 🕶 phone computer central control system agrees with this guy and congress is totally onside, again. 1913 all over again with an on ramp but no off ramp this time no escape. Full faith and backing of the internet owners. How is that working out so far. Congresses was working closely with these guys and then billions were lost. Ahh this interview is so tainted and painted rainbows and unicorns. Mainstream propaganda
This is a great interview
very good interview, i hope we see more from Jeff Booth
My guess it is 4-5 years😊
Imagine a society finding value through love and hope instead of fear and greed…
Very clearly articulated.. thanks Jeff and Michelle, This discussion is worth listening to, twice, thrice etc..This and Michelle's interview with Michael Saylor at this BITCOIN conference.
Buy bitcoin before it crashes.
very good interview
Michelle, you didn’t see Max Keiser there did you??😊
I will wait for deflation to work it's magic in order to read Jeff Booth book, for free…
BUT WHEN
@ 12minutes.. Why don't people move to bitcoin in places like Argentina? Because you can't buy shit with it at the store! DUH !!!!
You are both amazing. thank you 🧡🧡
This guy was fantastic
Well in that case I'll wait for bitcoin to be free and then I'll buy it!
Bitcoin go up only with free money… Bitcoin = No value
The biggest problem with Bitcoin maximalists is that they forget to factor in energy costs and the fact that governments will fight to your death to avoid moving to a beneficial system.
Fabulous guest! I was at bitcoin 2022 and was so impressed at the caliber of people working on projects in the bitcoin Space
The Elite could / would stop all Bitcoiners In. Their tracks anytime they wanted to, by the stroke of a new LAW outlawing it easy as that. If they see it as a threat to their power
its a gold quote he used
His suggestion to just "move into a Bitcoin world" is a little glib. I mean how, practically, does one do that when your salary and bills and daily purchases are all in the fiat realm, and when there are big tax implications with any such "move"? It's like saying "Just relocate to Shangri-La".