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Jeff Booth: Bitcoin Offers an Abundant Future

Coin Stories

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The Transition Path to Bitcoin

Technology is deflationary, period. Technology produces efficiency and that efficiency creates deflation. That technology creates deflation and it creates less jobs. So that's that path requires a digitally native currency that allows for deflation. And every other path that stops that is a concentration of power. Under totalitarian type of control, anything against the natural order of things moves in that direction.

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