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Excellent interview, npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe and Farzin Irani. Great to see Jeff in these smaller podcasts hammering home the message “the natural state of the free market is deflation”. I believe that if you don’t understand it and understand the implications, you can’t understand Bitcoin.

https://www.youtube.com/watch?v=IBlyn17YV1E

00:00 Introduction to Connecting the Dots

04:26 Jeff Booth on Technology and Deflation

07:12 The Free Market vs. Controlled Systems

08:08 The Role of Debt in Economic Systems

09:49 Implications of #Deflation and #Inflation

13:03 Historical Context and Economic Cycles

14:48 Technological Deflation and Market Dynamics

17:29 Bitcoin and the Future of Money

47:03 Challenges and Misconceptions about Bitcoin

50:42 The Role of #CIA and #NSA in #Bitcoin

51:59 Decentralization and Power Dynamics

53:16 Technological Evolution and Bitcoin's Unique Position

56:03 #Privacy and Security in Bitcoin

59:29 Challenges and Co-opting Attempts

01:01:38 Bitcoin's Role in a Free Market

01:06:42 Global Financial Shifts and Bitcoin's Future

01:17:42 Personal Commitment to Bitcoin

01:20:59 The Philosophy of a Decentralized #Future

01:23:02 Final Thoughts

Very cool stuff! Highly recommended! 💪

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Discussion

Little Johnny 3d ago

npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, I would love to pick your brain about something. You said:

“China has a better control system than the US. (--) You are not going to beat China with a bigger or different control system. The only way to beat that, to truly beat that, is the free market."

Do you feel that there is genuine competition between the US and China?

I believe that the people in both countries want to be free, but the corrupt people running these countries are pretty much in the same team. I don’t think that Europe is any different in that sense.

MANY of politicians are in a difficult situation because they have traded their own people for fiat and place among ‘the elites’. So, people finding out what has happened is a horrifying scenario for them --> they will do whatever it takes so that the people don’t find out. And thanks to the corrupt fiat system, many of these politicians are the most influential ones.

I don’t want to sound too negative, because the solution is incredibly simple: Bitcoin, Nostr, and strong families and local communities. And probably some good 2nd amendment stuff too so that the existing system can be safely ignored.

In 1992, Henry Kissinger said that:

“A New World Order will emerge. The only question is whether it will arise out of intellectual and moral insight, and by design, or whether it will be forced on mankind by a series of catastrophes.”

You can see it here (the first 30 seconds)

https://www.youtube.com/shorts/51EKUTo61-E

To me it looks like they will try to force it on mankind by a series of catastrophes. I think that those catastrophes have started some time ago, but thankfully more and more people can see what’s going on.