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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
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Jeff Booth 2 months ago
My BTC in DC keynote was just released. Hope it helps!
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Jeff Booth 2 months ago
Wall Street is desperately searching for “assets” to protect them from the debasement of their money while completely missing that they don’t have to anymore because now the money is the best asset. Traders will be traders though and each will find in their own time. #bitcoin
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Jeff Booth 2 months ago
Bitcoin mining cannot be centralized (for long) because it operates in the free market - forcing innovation in energy and a constant exploration to find lower energy costs and better compute. In other words - Legacy miners have very little advantage. In fact, even if miners tried to game a system to win more fees in the short term (inscriptions etc) they would only hurt themselves. Malinvestments in running in high cost energy sites that should have been closed or moved to HPC because they believe they’re still “profitable” Instead of being forced by the market to innovate, they try to game it to increase fees. In other words, by focusing on fees rather than lower cost energy (and/or utilizing the heat) creative destruction plays out at scale. Random thoughts for a Saturday night in case someone tells you that something has to change to protect against the centralization of miners.
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Jeff Booth 2 months ago
Try telling a bunch of independent thinkers what they can think and you’ll find out why #Bitcoin is different than any other protocol. For me, every attack on a person instead of an idea makes me want to look deeper into the idea. Genius comes from the edges and has always been dangerous to the center. (or existing base of knowing)
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Jeff Booth 2 months ago
The primary reason people believe in “assets” that protect their purchasing power is because they have never been able to store money in money. #bitcoin changes this and everything else as a result.
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Jeff Booth 2 months ago
Had an incredible dinner last night with John Perkins: Author of Confessions of an Economic Hitman. Well on his way to deeply understanding #bitcoin and freedom tech. Thanks to @gladstein
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Jeff Booth 2 months ago
Looking forward to seeing and spending time with friends at Bitcoin park in Nashville this week. Pic is the moon from the flight this morning. image