The Bitcoin Infinity Show Bitcoin and the Death of Fiat | Jeff Booth | Bitcoin Infinity Show #166
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Sep 1, 2025 
Jeff Booth, the author of "The Price of Tomorrow," shares insights live from Helsinki about the clash between Bitcoin and fiat currencies. He argues that one system must prevail, highlighting Bitcoin's transformative potential against inflationary fiat. The conversation delves into the philosophical implications of Bitcoin, urging listeners to question their beliefs within economic systems. Booth also discusses security innovations in cryptocurrency and the grassroots initiatives needed for Bitcoin adoption amidst global privacy concerns.
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Bitcoin As An Infinite Game
- Bitcoin represents an infinite game that contrasts humanity's historical zero-sum monetary systems.
- That shift makes Bitcoin conceptually hard because people lack mental models for a deflationary free market.
Gold Versus Free Market Deflation
- Gold is imperfect because rising price incentivizes more mining, making it inflationary and centralizable.
- The true free-market outcome is deflation as entrepreneurs solve scarcity and lower prices over time.
Creativity Drives Deflation
- Human creativity creates abundance by solving scarcity, which naturally drives prices down for goods and services.
- Denominating value in Bitcoin reveals deflationary gains obscured by fiat denominators.