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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

Sitting here thinking about how lucky I am to be on this ride with all of the incredible people I’ve met through this adventure……and the billions of others who will join us in time.

#Bitcoin

#Nostr

Replying to Avatar pebble (b/acc)

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe

Jeff, I have an honest question.

I understand that it's important to build on the new system as much as possible. This will naturally increase its usefulness.

Many of the people interested in putting in the work to make Bitcoin a success are stuck working dayjobs at the moment. Me included. It will become increasingly difficult for anyone in the future to transition to a bitcoin standard as the existing reality worsens.

As a redditor on r/antiwork puts it: "It's the whole "idle hands are the devil's plaything". You keep everyone working so hard for basic survival they can't demand better conditions."

Do you have any comments on the situation from an individual perspective? Obviously, everybody should do what they can. Is there any way to improve the outlook for those interested in moving in the more optimal direction?

Great question and I can see from it that you are already starting to move your energy to the new system.

Best advice I have is: Start - either by going to lightning conferences or befriending and helping promote those working on projects that you find interesting. (Even in your spare time) Many of the skills needed to build these companies are skills currently being fiat mined and meeting/helping those entrepreneurs and teams puts you on the radar as they look to expand.

The other way is to identify a problem that needs solving (by using the new rails) and setting out to solve that problem.

Such a great video!! nostr:note1ugkr96wjgpxj75gkhxaxy55nz6ljycl88v2g65jqktc7t7e2rq3qpqqk0h

The world today makes perfect sense when you understand it is mostly a reflection of a dishonest ledger.

As it transitions to honest ledger, it will also make perfect sense.

It will just look completely different.

#Bitcoin

#Nostr

It does not matter what I want or what you want. The rate will be determined by 8 billion people understanding, then use of it as a medium of exchange, and both those will be driven faster by 2nd and 3rd layer applications that bring more value and/or reduce risk.

Ps - I suspect we’re much further out than you think bc of how slow minds change.

Pss - but it shouldn’t matter (except for wanting more people to understand how great it is) b/c each person can choose to live in that world regardless of what the rest of society does.

That is why a transition to Bitcoin matters so much. Prices ā€œshouldā€ fall at the about the rate that technology reduces jobs.

In our existing system, we manipulate higher prices so that we can make government bigger to manipulate them more ( because people don’t have enough money to live b/c the prices were manipulated higher in first place)

Measuring in Bitcoin allows you to see the real prices of everything falling over time.

Replying to Avatar Stephen Burns

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe hi jeff - is it ok to ask you what are your favourite 5 books pls. I would like to read them.

Hard to pick my 5 favourites bc so many had impact for different reasons. I list most of the top ones I’ve read over the years on my website at jeffbooth.ca

Happy Independence Day for all those in the US…..and for all those worldwide seeking or preserving individual rights and freedoms by supporting #Bitcoin and #Nostr.

Nostr is incredible! Instead of algorithms farming you by highlighting things that offend or surprise you so that more advertising can be sold, here engagement is natural.

So besides creating decentralized communication, it better for the soul.

Some inflation is needed for a productive economy must be the greatest lie ever told.

Because it’s connected to everything else.

#Bitcoin

Replying to Avatar Jón Kolbeinn

nostr:npub1z0wpf7p4fmvrn0wjlqt2ae45v9q5cm8z6y7g6tqjm7j9v7kkedjqqdtvlg and I would like to thank nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe for coming on our podcast and teach us the ways of the force (like a Bitcoin Yoda). The interview starts at min. 22, the rest is in Icelandic.

https://fountain.fm/episode/wFM5Rse85UVmkMG8R51G

Thanks and great to meet you!!