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

December 22, 2024 @ 04:55 AM (UTC)

Current Price of Bitcoin

(BTC-USD): $96,900.32

(BTC-EUR): €92,932.36

#Bitcoin #Invest #Trade

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Replying to Avatar Catesby

You speak hard truth, and also having lived it myself I know that the media and tech overlords also run the organizations who programmed us on the right, which creates the fear of the left and the immigrants and gay people and others. I escaped these fears through freedom tech just like you explain. It’s really the overlords who are the problem and I see nostr and freedom tech as a place for those of us from either side to meet in the middle and realize this together in unity as I recently have and see that we were divided into factions easily because of our money problems, which cause all the frustration and blaming, inviting in the hate on both sides. Wherever you sit on the political spectrum is just a personality quiz and should not be held against you any more than your eye color, and wealthy elites don’t sit around discussing anarchy vs libertarianism because they’re just fat and happy and they know those silly arguments are for the plebs down on the streets below, who they laugh at for turning their insignificant personality differences into a civil war but if we were all fat and happy it would cause the false divisions between left and right that are baked into society to start dissolving, because as a fat happy, you’re not frustrated by being overworked and underpaid, your relaxed and happy, which is why they don’t want you fat and happy because then you would figure out the ruse and everyone would realize that there’s actually more than enough money for everyone but keeping it out of reach keeps us at each other’s throats, right and left. Over time I think this working family home financial frustration situation causes a fight or flight reaction in the average broke bill-paying pleb, leading to a taking up of arms. #bitcoin helps peel back that first layer which is the fiat lie. It’s not really hard to get anyone to understand the fiat inflation scam on either side of the political spectrum, so bitcoin is the best gateway drug to the rest of freedom tech and the unchaining and meeting in the middle that follows, and it directly brought me here to nostr from a place on the right as toxic as anything the looney left has after realizing all this and understanding that hate is bad for everyone. The #bitcoin future I see sends the history of the left/right fight to the museum along with so many other silly things we used to kill each other over. I guess what I’m saying is I hope we can lay down the arms and leave left/right at the door here on #nostr and evolve ^up^ in a circular bitcoin economy where the prosperity of anyone helps the prosperity of everyone, no politics or forced wealth distribution or affirmative action necessary.

Lyn Alden is about as Normie a Bitcoiner there is.

The result of this is to point to Bitcoin as the inevitable solution.

Most tradfi metrics and world economy data are absolute hogwash. To claim it differently is to dignify metrics, units, statistic that we have observed in real-time get revised 3 months down the road almost every single time.

What does it all mean? Humans are supposed to be borne of storms. Innate inquisition, sense of adventure and risk. . . If they've degenerated (oh sorry? I should be more tactful and use the word, "conformed") to a point where they can't access their own innate humanism when you claim, "this deflationary spiral could get messy", welp. NGMI.

The Future needs to be paved for the brazen, bold, intelligent humans who had the leadership ability to put themselves and anyone who would listen in a position to take advantage and form the new direction we brunt.

The weak/feeble will either be unlocked to follow this new demographic of human leadership and courage, and embrace their freedom/salvation (albeit staying at the bottom, deservedly so). Or keep cucking to a paradigm that is not only bankrupt, but a worse version of slavery we just got rescued from.

Choice is theirs.

We should collectively WANT to forge the uncertain as critically thinking and optimistically adventurous beings because we know for a fact the past and current absolutely suck for the majority. But, courage is a key cog. And you either have it, or ya don't. If the general population has capitulated and sold out to a level that they cannot locate their own innate humanism any longer- they're fucked anyhow.

Let's move on.

All of the noise is just a natural part of a slow and messy transition from a world of deception, fear and scarcity - to a world of truth, hope, and abundance, with every person understanding the transition at their own pace.

#Bitcoin

The chaos only tells you how early you are

The journey down the rabbit hole to understand Bitcoin creates a cognitive dissonance in our minds where our former beliefs are challenged and disrupted.

A mental discomfort is created by trying to hold onto contradictory beliefs - (ie - Free market is deflationary + inflation is required to allow society to function) and then trying to rationalize previous beliefs.

That’s why it’s so hard for “experts” or those successful in the old system to see it.

But it’s not negotiating with them - it is imposing reality on them.

Enjoy the ride my friends.

#Bitcoin

It’s probably worth noting all of excess in US government spending that needs to be cut, will create a dangerous feedback loop and likely deflationary spiral because all of those excess jobs are also spending, buying homes, eating out, traveling, spending on marketing etc. When they stop/slow down - and then require social assistance - debt as a % of gdp screams higher.

Ie - That expansion of government and regulation is a direct consequence of manipulated markets trying to stop the natural deflation in free markets but also an integral part of them - robbing more jobs from the free market, and misallocating capital everywhere.

In other words, it’s going to be messy!

The debt needs to come down first and that means money printing and much higher inflation.

Or as nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a Alden memes so effectively “Nothing stops this train”

In either event - #Bitcoin is your lifeboat.

Good morning!

I wonder how many people on the left will now find #Nostr and freedom tech in order to escape their fear of the right….to then discover that they were being programmed by their centralized media and tech overlords all along.

#Bitcoin

#Nostr

I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either: