The Wolf Of All Streets

Bitcoin’s Purchasing Power: $43 Million Today, Infinite Tomorrow | Jeff Booth

21 snips
Jun 1, 2025
In this conversation with Jeff Booth, an author and Bitcoin advocate, they dissect why Bitcoin could reshape our financial future. They challenge the notion of 'never selling' as a Bitcoin mantra and explore how it safeguards wealth against failing fiat systems. The duo dives deep into the U.S. debt crisis, the potential for Bitcoin in global markets, and the importance of self-custody for financial sovereignty. Additionally, they discuss how the evolving Bitcoin ecosystem could redefine economic perceptions and market dynamics.
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INSIGHT

Exponential Debt and Deflation Clash

  • The exponential growth of debt and centralization can't be fixed within the current inflationary system.
  • The natural state of the free market is deflation, which clashes with the existing monetary system.
INSIGHT

Bitcoin as Global Free Market

  • Bitcoin is the first truly global and free market money protocol bounded by energy.
  • Its security and decentralization are key to its resilience against external threats.
ADVICE

Self-Custody Secures Bitcoin

  • Hold Bitcoin in self-custody and run your own node to actively participate in its governance.
  • This ensures you maintain control and contribute to Bitcoin's security and decentralization.
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