In 'The Price of Tomorrow,' Jeff Booth argues that technological progress is driving a natural deflationary force in the economy, which is being countered by government and central bank interventions through money printing and debt creation. Booth contends that our current economic systems, built on debt and inflation, are unsustainable and will lead to increased polarization and economic trouble if not adjusted. He advocates for embracing deflation and restructuring our economic frameworks to harness the abundance that technology can bring. The book covers a broad range of topics including the impact of technology on job markets, equality, and societal stability, and it concludes with a call to action for policymakers, business leaders, and entrepreneurs to adapt to these new economic realities.
The book explores the greatest economic and political transition in centuries, predicting the shift from an industrial to an information-based society. Davidson and Rees-Mogg argue that this transition will liberate individuals, alter the power of government, and lead to the rise of digital currency and cyberspace. They foresee a future where individuals will be freed from government oppression and prejudice, and where states will struggle to collect taxes due to the ease of transferring assets electronically. The authors also discuss the potential for prosperity and renewal in the face of radical changes in human history as we move into the new millennium[1][2][4].
Beau Turner is an engineer and former real estate investor who now builds Bitcoin mining infrastructure. After a decade in real estate, he discovered how digital infrastructure and bitcoin mining could generate better returns with true automation, and he started building his company Abundant Mines.
› Follow Beau onhttps://x.com/Beau_Turner21
› Abundant Mines:https://abundantmines.com
SPONSORS
🧘♂️ Gain peace of mind withOnramp’s Multi-Institution Custody solution. Receive $150 in Bitcoin when you join viahttps://onrampbitcoin.com/bram
🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with codeBRAM athttps://stampseed.com
PRODUCTS I ENDORSE
› Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off:https://foundation.xyz/bram
› Buy Bitcoin in the EU 🇪🇺 viahttps://relai.me/bram and use codeBRAM to reduce fees by 0.5%
🔔SUBSCRIBE TO GET NOTIFIED
› YouTube: https://youtube.com/@bramk
› Follow Bram on https://x.com/bramk
🕑 TIMESTAMPS
00:00 - The Future of Energy and Bitcoin Mining
08:22 - Debunking Myths: Bitcoin Mining and the Environment
14:01 - The Journey from Real Estate to Bitcoin Mining
24:24 - Navigating Hosted Mining Challenges
28:28 - Growth and Energy Sources in Bitcoin Mining
29:04 - Legislative Landscape for Bitcoin in Oregon
32:50 - Global Game Theory in Bitcoin Mining
36:45 - The Future of Bitcoin Mining and Sustainability