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Jeff Booth
83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b
Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital

Yes - because along with those other 2 truths, my hope is that this one allows people to take agency versus spending their valuable time giving it away.

Hard to see in ourselves….easy to see in others.

I think about this quote often with algorithms and incentives and AI bots keeping people stuck in a system manifesting itself with their attention and fear.

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At the Jake Paul fight tonight with my kids and they just sang the national anthem. “The land of the free” hit hard and hypocritical with the Samarai developers going to jail.

That is exactly it Matt. Lag time + greed and fear. As a small indicator of what you’re talking about - many PE funds in real estate have halted redemptions because if the assets were marked to market -insolvency would reign. While the market “waits” for more liquidity….ie - money printing. Trying to measure it in shorter time horizons, against an increasingly chaotic insolvent credit based system is what keeps us stuck.

In time, it will be clear.

An asset underpinning a broken monetary system provides a very different view of #bitcoin than an open protocol emerging in layers.

This is what most people still pricing bitcoin in pieces of paper miss.

Wall Street is desperately searching for “assets” to protect them from the debasement of their money while completely missing that they don’t have to anymore because now the money is the best asset.

Traders will be traders though and each will find in their own time.

#bitcoin

I covered at the end of a podcast recently and will post when released. If you’re unsure or feel risk in not enough maintainers (yet) in knots, you can also just stay on V 29.

High level (for me) is this - this is the free market deciding (versus being told) what is right and that consensus is the thing that keeps Bitcoin decentralized and secure. Our own actions trying to determine what is right for us -

And seeing through the narrative of others (with potentially different objectives and incentives seeing what is right for them).

The biggest risk I personally see in Core V 30 is the increased potential for zero day attacks that wouldn’t be seen by the network and exploited by various malicious actors through programs interacting with it.

The ability to maintain core with very few programmers IS due to its small attack surface. By increasing the attack surface - to do more (Citrea etc) you introduce an increase in complexity that requires more security (and engineers) Like the cat and mouse of every other blockchain.

Others will have different opinions on this …but you asked for mine.

Replying to Avatar Pete Winn 🔆

The Good Stuff 24 - Hope, Truth & Abundance with Jeff Booth

Jeff Booth discusses the transformative power of Bitcoin and the importance of agency in shaping our realities.

- We finish the cliff hanger from Jeff's the recent episode with nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcp2amhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wv6hjufkwaskgamj0pjx2drvdpn8xdfkvahrvdrgwaa826rwvesnvu3ed44rgdekwg6hxdrgdd6ku7n80fchyuekwymh5qpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqjx5gu2 - Explore the relationship between consciousness and the perceived world

- Delve into the natural state of the free market, which is deflationary, and how Bitcoin provides a framework for value creation and entrepreneurship.

- Discuss personal journeys to Bitcoin highlight the desire for freedom and agency.

- Discuss the role of AI in business and as a tool for enhancing productivity.

- The conversation concludes with insights on the future of work, the necessity of flexibility, and the importance of making conscious choices in a rapidly changing world.

You Tube: https://youtu.be/urNNHN2CT4A

Fountain Link:

https://fountain.fm/episode/j3kE1jVWLShQJ76Naojf

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Great spending time with you Pete.

As Ai does more of the work, we won’t have to. Prices over time (in Bitcoin terms) fall in direct proportion to the work removed. We will compete with everyone to provide more value which will drive the process faster - reducing prices (in Bitcoin) faster, decentralizing faster, breaking all monopolies - including the AI monopolies of today (growing in power and influence because of broken money), large government, and structures arising from them today. Giving us more agency, freedom and abundance with each step.

Or - we will give our energy to and measure from….. a system that coerces, controls, and centralizes by stealing that all of that from you - with everything getting worse from within that system.

The systems are incompatible together. One must consume the other and every single person is making the decision about which one with their time and energy.

The jobs will be gone anyways. The question is have we transferred all of our power to a control system that gives rise to a type of totalitarian control (that you mention) before they do……or break that control structure by building onto bitcoin and ensuring its decentralizing and security.

Hope that helps.