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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

Super proud to be a part of what this amazing team is bringing to #Bitcoin  and the world.

Congrats the entire team at Fedi!

https://www.fedi.xyz/blog/fedi-inc-announces-raising-17-million-in-series-a-round

😂 - Hopefully it didn't show!  Not quite as young as I once was.

#[2]

If ones model of the world exists from the existing monetary system and thinking that “governments got this”…they’re going to be very surprised by what’s coming.

#Bitcoin.

IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News (http://yahoo.com) – 5/1/23

International Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years, CEO Arvind Krishna told Bloomberg News on Monday.

Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said, adding that 30% of non-customer-facing roles could be replaced by AI and automations in five years.

Almost missed my connection to the Microstraregy summit to talk about what is coming in the #Bitcoin ecosystem because the border agent recognized me from my recent podcast with #[1]​ and wanted to talk about how much he agreed with it. 😂

The world is waking up!

#Bitcoin

This is far more of an interesting conversation than most realize. Business models completely change over time where the best are constantly innovating to provide value for users with them

winning share (and potential revenue and profits) while they do and then moving to provide more value while the previous spot they occupied moves to free.

Replying to Avatar 🕳

I love when nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe mimicks the dial up sound in all his podcast appearances. Gets me every time. 😁

#pleb #plebchain #bitcoin #btc

#zap #zaps

😂 - I remember that sound so vividly, and then the excruciating wait time as you downloaded information.

Replying to Avatar Crizzo

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe I know you don't know me, but I would really like to hear your thoughts on this.

The market will figure it out as debt is liquidated over time because in a deflationary system, the debt gets more expensive.

The reason people invest in ideas is that they “believe” they can have a higher rate of return than a “risk free” rate.

A belief that the only reason people invest is because otherwise their money loses value is a fallacy. In fact, that probably has more to do with a mis allocation of resources that hurt productivity.

There is no change to human nature by having a system obey the rules of a free market. Great ideas will be funded b/c there is an economic incentive to do so.