Jeff Booth joins me for a multi-episode conversation covering the concepts laid out in his book "The Price of Tomorrow: Why Deflation is Key to an Abundant Future"
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:22 Relativity of Information and Entropy 00:05:35 AI in Healthcare 00:09:22 Inflation Suppresses Entrepreneurship 00:11:42 The Free Market: A Global Error-Correcting System 00:17:41 Does Bitcoin Need Public Buy-In? 00:22:30 Belief Systems and Human Organization 00:25:00 Filtering Ideas: Bitcoin and Climate Change 00:32:59 Machines are Learning Exponentially Faster 00:36:59 The Simulation Hypothesis & Superintelligence 00:39:00 Data Mining and AI 00:42:50 Geopolitical Power & General AI 00:45:24 “What Do you Want and Why?” 00:51:46 Egotism and Self-Deception 00:53:37 Entrepreneurship: Living on the Edge 00:57:19 “Go Where the Truth Is” 01:00:01 Advantage of the Beginner’s Mind 01:03:24 Distorting Creative Destruction 01:08:55 Fiat Currency Induces Systemic Fragility 01:12:15 Bitcoin: The Ultimate Asymmetric Bet 01:17:55 A Call Option on Everything 01:22:46 Interventionism Interrupts Error Correction 01:29:19 Debt Super-cycles End Badly 01:31:41 The Tail Risk of Social Unrest 01:34:12 Bitcoin Error Corrects Gold 01:36:59 Debt and Equity, Space and Time 01:39:45 End