Thanks, Brett for asking questions from your political view, very good to ask from an honest viewpoint. don't worry you will be a libertarian soon enough :). awesome job from you guys giving great info and explaination.
Great stuff, lots of info / value --- will have to listen again to get deeper understanding of Jeff's conceptualization of how things are going to play out, but I certainly understand the 'system is broken' in health care / patient safety, so the parallel is there.
Huge fan of Jeff Booth. There's times where i wonder if I'm a little crazy for being a bitcoiner since the rest of the world scoffs at the idea. Then when these calm, rational, highly intelligent minds like Booth, Sailor, Breedlove, Dan Held speak on the topic, I'm reminded that I'm on the right side of this battle.
If you’re in Canada there are three bitcoin ETFs. If in the US you can buy BTC via the Greyscale Bitcoin Trust. If you don’t need to hold it in a retirement account, then the best option is to hold actual BTC.
I share Brett's concern about the consensus view of the arc of this halving cycle, with many expecting a peak (at which point they'll exit) in Fall/Winter 2021. And yet, it may just play out as it has been, defying all those who insist for this reason or that that it won't. Ironically, as big a believer as Brett is in Bitcoin, he just formulated his own fresh new FUD. lol.
Finally, the perfect, most succinct way to demonstrate (prove) bitcoin’s (crypto’s) inevitability and irreducible function. @ 20:30 Booth says the most important thing he’s ever said: “...enter, a system change from outside the system...” He’s spot on...it’s the only way...and it’s the only way it EVER happens “successfully.” Apple nor Google ever made a phone before they made a phone and “changed the system from outside the system.” Drop the mic!
How does a bond/debt market work with bitcoin. If I need to borrow to fund a business idea, how do I get off the ground when my debt service becomes more & more expensive as times goes by, at the same time the price I’m charging for my product or service is going down more & more over time. It’s a double negative
A problem with finite currency is that if half the world just buries their money and the other half double their savings by using it to create new wealth, the money of those who just buried it appreciates as much as the money of those that risked it and created new wealth. In in times of exponential growth, that rewards doing nothing to the degree that most people will have a good life not working and just living off a tiny portion of their growing savings. Then progress may slows, stop, or reverse.
I don't agree with Jeff's comment that 'energy is deflationary'. We are coming off a 70 year period of being able to pump unbelievable amounts of energy for effectively pennies in places like Saudi Arabia. This will NOT repeat itself with solar panels, windmills, nuclear, or any other source of energy. In the medium term, any source of energy will be MORE expensive, no matter how much high tech we use, compared to the super cheap energy the world had access to while the middle east was awash in oil that just came up from the ground almost by itself.
Step 1:Organize community and protest Step 2:Secure your financial sovereignty get gold, silver and Bitcoin hold for emergency. Step 3:Repeat 1 and 2 until all freedom is restored Stay strong, stay free!
I want to see Jeff and Cathie Wood have a discussion bc in terms of market innovation they agree, but the way the country is going they seem to disagree
Jeff's a great thinker and his book is fascinating but don't think he's a natural communicator so has some difiiculty conveying his ideas despite the interviewer trying to coax his thesis out of him
With enough deflation, we can just retire at 30. We'll do the Jetsons. Bitcoiners are doing it right now. We'll just eventually drive it around the globe to everyone. We'll still need people working here and there, it'll just be 75% less. Unemployment, gone. Wages go up. Something like that. The market will discover the numbers. What the retirement ages etc become.
Wait something doesn't add up here... Jeff said the collapse could be worse than the 30s and 90% of everything would go belly up, well doesn't that mean that internet companies would go belly up too? Last time I checked, the only way you could access bitcoin is through the internet and I'd it goes down then...
If Bitcoin doesn't get accepted we go belly up, what makes us so different from Rome, what make us more special than Rome, we no different/ special than Rome...lol
Change money then convert debt to new money then not much if corection take into effect. If not doing that then most technician are like modern slavery and unacceptable to any degree
Bitcoin is bad for the climate, LOL! La Marzocco espresso machines are bad for the climate, why is no one worried about the espresso machines. This energy argument against bitcoin is hilarious! I am pretty sure the Banker's Gulfstream 700s use more energy than bitcoin. Tell where I am going wrong Janet.
Excellent interview.... read the book.... constantly listening....
He explains it so clearly. Thanks Jeff
Thanks for watching!
The Price of Tomorrow is worth multiple reads. Jeff is a top thought leader in the btc community.
It was a pleasure having Jeff on the show. Thanks for tuning in Robert!
Crux of the whole interview is between 14:00 - 15:00. Priceless!
This guy is really on to something. Very Interesting!!
Thanks for your clear and balanced explanation of your vision.
Thanks for watching!
@@SALTTube Keep hosting great talks! :)
Jeff is the man!
Agreed!
Best way to talk about the price of tomorrow is today
Great interview, I’m a big fan of Jeff, 👍🏻
Thanks for watching!
Jeff Booth? Instant thumbs up.
Thanks! @Mike Wiebe
Great interview! Amazingly insightful book
Glad you enjoyed it!
Best book I read in 2021. Thank you kindly
Jeff Booth is so smart. I feel like his bigger struggle is how to make muggles like me understand the knowledge he's about to impart.
50 books a year :)
Thanks, Brett for asking questions from your political view, very good to ask from an honest viewpoint. don't worry you will be a libertarian soon enough :). awesome job from you guys giving great info and explaination.
Appreciate it!
Wow! Eye-opener! Let me process a few months... haaha Such a good interview. I am 70 so ??? Thanks to ALL!
You’re welcome! Thanks for watching.
Great stuff, lots of info / value --- will have to listen again to get deeper understanding of Jeff's conceptualization of how things are going to play out, but I certainly understand the 'system is broken' in health care / patient safety, so the parallel is there.
Thanks for watching
Minute 42:00. Many thoughtful arguments against bitcoin, Pomp and Mike Green debate is a good one.
Huge fan of Jeff Booth. There's times where i wonder if I'm a little crazy for being a bitcoiner since the rest of the world scoffs at the idea. Then when these calm, rational, highly intelligent minds like Booth, Sailor, Breedlove, Dan Held speak on the topic, I'm reminded that I'm on the right side of this battle.
Considered and inspiring.
Thanks!
Great job by Brett too...thank goodness for thoughtful and listening progressives. Once upon a time in America...progressives led us all!
JB and Plan B would have a great convo over beers! Incredible smart encouraging Innovators.
IF " SATOSHI" IS AN INVERTER OF BTC , DOES HE AS A CREATOR HAS AN ACCESS TO BTC PROTOCOLS AND KEYS? CAN HE STEAL IT ?
What about those of us who do not have money, or have very lil money to spare or ivest, any advice for us?
Work hard and spend less then you earn.
Minute 15:00. Jeff states, "we compete for abundance". No! We compete for scarce.
As a senior how can I buy Bitcoin or put it in my stock portfolio?
If you’re in Canada there are three bitcoin ETFs. If in the US you can buy BTC via the Greyscale Bitcoin Trust. If you don’t need to hold it in a retirement account, then the best option is to hold actual BTC.
I share Brett's concern about the consensus view of the arc of this halving cycle, with many expecting a peak (at which point they'll exit) in Fall/Winter 2021. And yet, it may just play out as it has been, defying all those who insist for this reason or that that it won't. Ironically, as big a believer as Brett is in Bitcoin, he just formulated his own fresh new FUD. lol.
Sound bite: Bitcoin is a battery.
Finally, the perfect, most succinct way to demonstrate (prove) bitcoin’s (crypto’s) inevitability and irreducible function. @ 20:30 Booth says the most important thing he’s ever said: “...enter, a system change from outside the system...”
He’s spot on...it’s the only way...and it’s the only way it EVER happens “successfully.” Apple nor Google ever made a phone before they made a phone and “changed the system from outside the system.” Drop the mic!
How does a bond/debt market work with bitcoin. If I need to borrow to fund a business idea, how do I get off the ground when my debt service becomes more & more expensive as times goes by, at the same time the price I’m charging for my product or service is going down more & more over time. It’s a double negative
Buy Bitcoin folks
A problem with finite currency is that if half the world just buries their money and the other half double their savings by using it to create new wealth, the money of those who just buried it appreciates as much as the money of those that risked it and created new wealth. In in times of exponential growth, that rewards doing nothing to the degree that most people will have a good life not working and just living off a tiny portion of their growing savings. Then progress may slows, stop, or reverse.
Minute 32:00. Calling J.P. Morgan out? You worked for the Government! Pot calling the kettle black.
Bitcoin has no value. It's a tulip bubble. Tulips at least have some basic value.
Bitcoin's greatest function is as an appreciating store of value
I don't agree with Jeff's comment that 'energy is deflationary'. We are coming off a 70 year period of being able to pump unbelievable amounts of energy for effectively pennies in places like Saudi Arabia. This will NOT repeat itself with solar panels, windmills, nuclear, or any other source of energy. In the medium term, any source of energy will be MORE expensive, no matter how much high tech we use, compared to the super cheap energy the world had access to while the middle east was awash in oil that just came up from the ground almost by itself.
Bitcoin will eventually provide abundant energy.
Step 1:Organize community and protest
Step 2:Secure your financial sovereignty get gold, silver and Bitcoin hold for emergency.
Step 3:Repeat 1 and 2 until all freedom is restored
Stay strong, stay free!
No need to protest; btc does it for us
*salt talk #Pepper chat
but we actually pay the air we breath, it’s call cabon rights. you can thanks our global leaders
I want to see Jeff and Cathie Wood have a discussion bc in terms of market innovation they agree, but the way the country is going they seem to disagree
What about the materials that go into batteries that power electric cars etc? Another limited resource.
If deflation and convert the money then we able to wipe out entire national debt
Pretty sad skybridge guy, wearing BTC hat, on left looked like he seen a ghost when booth gave him endgame....pure greed
Jeff's a great thinker and his book is fascinating but don't think he's a natural communicator so has some difiiculty conveying his ideas despite the interviewer trying to coax his thesis out of him
For me he’s a great communicator. He suits my temperament
Reminds me of Charles Eisenstein in that way.
The problem is the people so stupid he educated himself you can do the same from your smartphone
With enough deflation, we can just retire at 30. We'll do the Jetsons. Bitcoiners are doing it right now. We'll just eventually drive it around the globe to everyone. We'll still need people working here and there, it'll just be 75% less. Unemployment, gone. Wages go up. Something like that. The market will discover the numbers. What the retirement ages etc become.
Wait something doesn't add up here... Jeff said the collapse could be worse than the 30s and 90% of everything would go belly up, well doesn't that mean that internet companies would go belly up too?
Last time I checked, the only way you could access bitcoin is through the internet and I'd it goes down then...
If Bitcoin doesn't get accepted we go belly up, what makes us so different from Rome, what make us more special than Rome, we no different/ special than Rome...lol
@@ericwilson2632 I already see tech companies laying off. This thing is gonna go down really bad
Create new business and sell it is a way to survive fast technology growth
Change money then convert debt to new money then not much if corection take into effect. If not doing that then most technician are like modern slavery and unacceptable to any degree
“Global thought-leader” LOHL
100% of the energy going into my Tesla is solar on my roof. Get over it guys!
Bitcoin is bad for the climate, LOL! La Marzocco espresso machines are bad for the climate, why is no one worried about the espresso machines. This energy argument against bitcoin is hilarious! I am pretty sure the Banker's Gulfstream 700s use more energy than bitcoin. Tell where I am going wrong Janet.