Jeff Booth's avatar
Jeff Booth
jeffbooth@nostrverified.com
npub1s05p...eyhe
Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital
Jeff Booth's avatar
Jeff Booth 1 year ago
New podcast explaining why imo most people are falling into a trap by pricing #Bitcoin in USD. For Bitcoin to maintain its store of value, it must also become a medium of exchange.
Jeff Booth's avatar
Jeff Booth 1 year ago
Huge congrats to @obi and team on the launch of Fedi today. Couldn’t be more excited! In a world where dictators use money and data as a weapon against free speech and individual frights and freedoms, and the surveillance state is emerging everywhere, this freedom and privacy protocol on top of Bitcoin is a critical path to bringing #Bitcoin to billions of people. Learn more and download the app now at www.Fedi.xyz image
Jeff Booth's avatar
Jeff Booth 1 year ago
The reversal of the carry trade could turn into a margin call on the financial system with EVERY asset (most illiquid) tied to that very same financialization and leverage. That leverage unwind will (if left unchecked) take down major players. Ie - Massive manipulation of money incoming (liquidity) or deflationary spiral. Likely both (depending on timing and your country) Good thing there is a protocol stack bounded by energy that is open, decentralized and secure. #Bitcoin.
Jeff Booth's avatar
Jeff Booth 1 year ago
Supply and demand - If the US (or Germany, etc) wants to dump #Bitcoin for political points and it moves the price (relative to fiat) in the short term, can you imagine what happens as more people realize its importance and competitively accumulate?