We Study Billionaires - The Investor’s Podcast Network

BTC251 : Tech Abundance w/ Jeff Booth

104 snips
Sep 10, 2025
Jeff Booth, author of "The Price of Tomorrow" and a tech entrepreneur, dives into the intersection of technology and economics. He discusses the transformative impact of AI and robotics on labor and automation. The conversation highlights the importance of open-source innovation to challenge centralization. Booth emphasizes how international competition, particularly from China, shapes the tech landscape. Closing with a vision for a hopeful future, he advocates for reconnecting technology with human identity and agency.
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INSIGHT

Bitcoin As The Base Layer

  • Bitcoin functions as a base layer that enables a global pre-market of deflationary prices driven by technology.
  • Preston will expand the podcast to cover AI, robotics, nuclear, and how they intersect with Bitcoin and decentralization.
INSIGHT

Free Market’s Natural Deflation

  • The natural state of a free market is deflation as prices fall toward marginal cost with accelerating technology.
  • Measuring prices in Bitcoin reveals falling prices that fiat accounting masks and centralization resists.
ADVICE

Avoid Seeking Government Bailouts

  • Don't rely on government to save you from automation; printing money worsens the problem and centralizes control.
  • Instead, recognize how monetary policy shapes incentives and consider actions that support decentralized alternatives.
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