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Jeff Booth
jeffbooth@nostrverified.com
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Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital
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Jeff Booth 21 hours ago
For anyone in Bitcoin for some time, it may appear that its true essence - the one that changes the world…is being co-opted by fiat narratives. My belief is it only appears that way because the number of people starting their journey far exceed those further along. So, in larger groups, larger conferences, larger media platforms (X) the noise seems to outweigh the signal and in turn we amplify it because it is so outrageous that “others” don’t get it. If Bitcoin was to change the world, it would have to look like this as 8 billion people moved from a system based on control to one of freedom. Long way of saying the signal is still very much there - growing stronger every day.
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Jeff Booth 1 week ago
Because prices fall to the marginal cost of production in a free market, AI will trend towards abundant and free. It is a horizontal and general purpose technology…..like electricity rather than a network effects driven company owned monopoly (like Amazon) and any “moat” will be short lived. The misallocation of capital from a fiat based system that misunderstands this is staggering.