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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

#Bitcoin is playing in big leagues now and the game is at a new level.

How I suspect it plays out: An attempt to capture as much as #Bitcoin as possible including regulation to “try” to slow self custody of #Bitcoin (Warren et all) and leverage games on paper #Bitcoin to reduce price. (ETF’s)

Which “causes” more Bitcoiners aware of the manipulation and how the game is being played to use lower prices to buy and self custody more #Bitcoin (reducing supply)

Which at some point creates a short squeeze of MEGA proportions (maybe along with halving - maybe later ) that liquidates a major financial player. (Similar to FTX)

Money has become a monopoly because of the games that have been able to be played with others assets due to the centralization and control of those assets.

But Wall Street has never seen an asset like this. It is not gold and too many #Bitcoiners know how the game is played, meaning if you don’t play by the rules, eventually you will be caught short. (And no one is coming to save you)

Or as nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx says:

Stay humble and stack sats.

1) Not open, and 2) capital cost -partly because of 1, (at least backwards looking) is prohibitive.

There is no historical precedent for cheaper, faster, more secure, and open technology losing to more expensive, slower, less secure, and closed technology.

While many don’t understand this yet, this time is no different.

#Bitcoin

#Nostr

Proof of work (broadly) is a beautiful thing. My gratitude to all those here who have had it on full display.

#Bitcoin

#Nostr

Hey, nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe,

Hope you're having a great day.🙏😆

Happy New Year.😃💜😆🙏💯👍

Happy new year to you too!

Life hack - Celebrating what each of your friends do exceptionally well/better than you, versus thinking/talking about what they do wrong….will greatly improve your relationships and ability to learn from the best.

This is what real investigative journalism looks like.

Ian Burrell, who was a big #Bitcoin sceptic, came to Africa with us with an open and curious mind. Through the trip and meeting people where they were, found a narrative outside of what he thought.

FYI - Ian is one of the top investigative journalists of our time (and a pretty great human being)

Reinforces how hard it is to stop an idea based on truth, hope and abundance, because “eventually” good people will discover it for themselves.

https://unherd.com/2024/01/the-african-village-mining-bitcoin

Replying to Avatar SinedinZigan

nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx great Podcast with two amazing humans nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

I listen to this one several times. This discussion is a masterpiece of knowledge and should be part of history school lesson.

Thank you guys for eye opening❤️

🙏

Thanks and love it - because as a consequence of that statement, you realize that anything stopping that from flowing to society is theft. (Disguised as economics)

1 person speaking the truth is worth 10,000 speaking lies, which is also why I am so humbled to be with so many high integrity people here.

Because, we already have the numbers!

Merry Christmas and wishing you the very best of 2024.

It’s going to be an interesting one!

#Bitcoin

#Nostr

Replying to Avatar Mike Hall ⚡️

I'm pretty selective of the things I forward to others (for fear of being permanently muted to them)…but this episode of “What Bitcoin Did” featuring nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe and Alex Gladstein represents true signal in the noise.

They eloquently lay out the greatest theft in human history. So thankful for this succinct message to be able to share with others.

Thanks to nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx for being the conduit! 👏🏼

🧡