I hadnāt planned to share this conversation, but itās just too good to keep private. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe gave me a brilliant, private Masterclass on inflation, deflation, and the problem Bitcoin solves. It completely transformed the way I think about these concepts, and I know it will do the same for you.
This is a must-watch ā one youāll want to bookmark and share with friends.
Iām in Jeff is my favorite
Iām done sharing, Nat. People think they already know Bitcoin based on what theyāve heard from the media. Iāve realized that price is the only true teacher.
Adjust your approach. Ask questions, listen, what would be best for the person your talking to? Have you put in enough work yourself to deeply understand different topics so you can explain very simply and handle objections?
Don't give up and don't waste your time on people that don't want to learn!
Thanks Nat š„
Thanks for sharing, I always learn so much from your podcast!
thank you.
Just watched this! Great info here...
Just watched. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe always gives me a dose of optimism. When are you hoping to release your own book?
Great episode! So many bitcoiners really struggle with this concept. It's the nail in the fiat coffin.
Props to you Natalie for being vulnerable, killing your ego and posting!
thank you. Awesome chat š
listening now!
Pumped for this one!!
where does the price of non-digital, non-technical goods fit into the free market? e.g. food. i get the calculator example but when I think of food, i donāt see that price falling to zero forever. just curious. perhaps the free market makes ocean water desalinization cheap on the coastā¦but food seems more complicated.
Listening to a Bitcoin Podcast is more Valuable than counting steps when going for a walk!!
Deflaton as a topic is top of mind for me and nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe provided a geat unsaid reminder to play more guitar!
Thanks for sharing! Will have a look!
Jeff is an absolute legend who broke my brain open and got me to leave real estate investing and embrace bitcoin
This one will be in repeat for a while. thank you Nat
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe always a good listen but I think his guess at the end is wrong - that Trump will set up an SBR (specifically by buying BTC with USD, not just holding onto the BTC they've stolen).
The reason I don't think this will happen is that the US is the capital of the fiat world and it continues to benefit from the 'exhorbitant privilege' of order nting the ultimate shitcoin, the USD. Yes, it would be a very smart move to print USD to buy BTC but there is still massive resistance by fiat minded powerful ppl in the US and I don't think they will allow it to happen. The US will go down with the US dollar ship.
So glad @jeffbooth provides content. He is amazing.
The natural flow of discussion in this particular podcast is wonderful (maybe because you didn't intend for it to be released). More please!
Natalie, thanks so much for deciding to post this interview. quite stimulating. I'm saving it in my permanent Bitcoin playlist on YouTube. really mind stretching. Jeff articulated huge concepts in ways that I was able to absorb. from now on, I'm starting the conversation with deflation.
nostr:note1c94l4rufph8g6z25cc7vz5mvvyv47xrn29yszzfgvfwxd33e7z4savt0zs
Superb episode. The 'hypocrisy' part is great. I'll have to try this on a normie to see if hits different.
Canāt wait to watch this interview š
Thanks for sharing
I'm glad you did. More that I can share with others to get them thinking.
Great job on your channel!!
Why no zaps?!
Great interview! I learned even more insights from this even after reading The Price of Tomorrow twice and watching as much Jeff Booth content as I can. Thanks! Question: when will Canada stop making Bitcoin to CAD conversion a taxable event? This problem is preventing me from putting all my savings including emergency savings into Bitcoin.
My TLDR:
The natural state of the world is deflation because technology gradually improves efficiency (and soon exponentially because of AI and robotics). This state of deflation is the true global free market that Bitcoin is actually measuring which is why all prices trend to zero on a Bitcoin standard.
However, the money supply is rigged to follow a fake 2% inflation because according to Kensian economics if that doesnāt happen people aren't incentivised to spend money and hoard it instead. The system encourages people to spend because if they don't it will just be stollen from then anyhow.
The reason its so hard for regular people to see this is they no reference frame you cannot measure the new system from within the old system. Nobody alive has ever lived in a true free market which probably partly explains comparisons of Bitcoin to a ponzi scheme.
Sound about right? nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mqgevlfj
Amazing insights, new pennies are dropping even on the 5th time listening. So glad you released this nostr:nprofile1qqswmnfq2k830kvnylvyrezc97dsqce343qppqrwlgpqaux5qpuwdkspzdmhxue69uhhqatjwpkx2urpvuhx2ue097fk5y š§”
Loved this discussion with Jeff. Some great questions Natalie š¤©
Sounds awesome. I love hearing Jeff speak. We need more people talking about how bitcoin solved the double-spending problem.
