Listening to Jeff Booth always reminds me that I am on the right path and to allow myself to trust my own intuition. Sometimes I can't believe Ive been so lucky to learn about bitcoin and be a part of this community. Great questions from Daniella & Jeff never disappoints. Thanks!
Being 65 years old, seeing the world change from the ‘80s till now… I am so glad that your generation is realising what we turned it into. One remark of Jeff brought a big smile on my face: “darkness can’t turn off the light’ A fantastic podcast !
Thank you 🥰 This comment means a lot. It is not lost, we (humanity) had lessons to learn from the fiat experience, but it is defiantly time for something new - a system imbued in Light. I'm excited about this future and glad we know it is systemically possible and happening thanks to Bitcoin. I am going to dive deeper into this in our next talk :) ✨
Really good interview. I would encourage you to continue down the podcasting route, especially now that there’s a big hole to fill after Peter ended his podcast. I’ve heard Jeff on a million different podcasts and your interview was one of my favourites. Keep it up!
Hey @WalksOfWinder-BC - this is a massive compliment - Jeff has done so many podcasts - thank you. I will probably stick with doing a few episodes here and there for now - but I will be releasing a new talk with Jeff next week, I think you may enjoy it :D Thanks again ✨
Bitcoin doesn't need Trump. Stop waiting for politicians to fix things They can't. Your faith in the system is holding you back from truth and enlightenment
I agree with everything you wrote. Yet it is far greater than just Bitcoin as important as that is. Without overstating: it is about saving this nation. And unlike we who've fallen into the rabbithole - a wonderful thing btw, ... it'll be about all of us falling into a hellhole, if President Trump is not elected. There's so much at stake.
Every time the state borrowed a lot of money, it looked around cautiously and noticed nobody saw, nobody complained, nobody voted against it, so the state kept borrowing and never paying back the loan people gave it.
I deeply understand your concern because even after we spoke about this during this talk - this question remained with me for months until it finally clicked. This is our current system upside-down so I understand how difficult this is to grasp and can only encourage you to continue to question this point. Jeff is right though, the point is that you can only do 3 things with your bitcoin: - Spend it: If you spend your Bitcoin, you are putting it back into circulation and making it available to the collective. Putting Bitcoin back into circulation provides capital for others to create new efficiencies that, in turn, benefit you. In order to acquire it again, you have to provide value to the network to receive Bitcoin because it has a limited supply. - Save it: If you hodl your Bitcoin, the amount available in circulation on the network becomes more scarce. When you save you provide yourself the opportunity for more future capital to spend. This also increases the purchasing power for the entire Bitcoin network. - Lose it: If you lose your Bitcoin, you make the asset even more rare - lost Bitcoin is like a donation to the network. No matter what happens, you have no more power than someone else on the network. I hope this helps.
Thank you and I understand your criticism - there was no context as to why I asked this question back in March 2023. The reason I gave no context is because I could foresee so much potential, but was not sure back then. I have so much more clarity now and I believe you will get more context around this question with the interview I will be sharing with Jeff next week. But here is what I saw and see even clearer now: When you have 8 billion people on a network distributing the knowledge, talent, and creativity to 8 billion other people, paired with the exponential progress of technology - all while humanity has time to explore what it truly means to be human on a deep level beyond money - including the depths of our 6th senses - I believe it is possible.
If what you're saying is true, then the likelihood of BTC actually taking hold as a monetary system is going to take generations. That also means that BTC is likely going to go thru multiple crashes while it's still being compared to fiat in terms of value. That means that there's a high likelihood that BTC will see $10k again and see it multiple times, assuming it can survive that long. One of the things that's not being accounted for is that there has to be interest in BTC for it to survive. If it looks like BTC is going nowhere then BTC falls apart as there won't be people interested in processing transactions. As those blockchain nodes drop off, it becomes less distributed and opens up the door for institutions to take over the ledger. Once that's done, then BTC can then be hyped again as the people that want control of it now have it and they can do what they want with it as it's far easier to offset any new ledger nodes with their own to maintain majority ownership. This is its fatal flaw of BTC and what makes it extremely fragile.
"As long as it stays decentralized and secure, Bitcoin is inevitable" - Jeff Booth Agreed, this is why it is time for us to take personal responsibility. We are Bitcoin - if Bitcoin fails it is because we failed Bitcoin. Running a node, holding our keys, using it as a medium of exchange - this is how we have the power to reinforce the network. Contrary to fiat, we need to take personal, self-sovereign responsibility rather than forfeiting our freedoms. It's already happening, and it is happening fast. The future is in our hands directly experienced through our choices. We just need to make the sovereign choice.
@@Daniellaio Perhaps, but that's a big ask and is reliant upon a fragile ecosystem of faith and enthusiasm. The latter is time-based which also affects the former. The longer BTC goes without showing significant advancement in becoming a global monetary system, and not just a way for the ultra-wealthy and gov'ts to transport money, which it's so far failed to do despite the smartest minds on the planet's best efforts, the more the enthusiasm and faith will drop. This winds up becoming a death spiral for BTC, which is why it's going to be so difficult for BTC to survive another crash, much less survive multiple crashes over generations. Therefore, BTC has to sh*t or get off the pot, so to speak, if it wants to remain decentralized, secure and free. It's time is running out to prove that it can be a viable replacement for gov't fiat. Otherwise, it's doomed to be relegated the backchannels of society again because once the wealthy get in on it, which they are, and see that it's going nowhere, they're not coming back unless they can control it and make persistent, consistent, long-term profits from it.
Thanks appreciate your feedback. I think the discussion is more geared towards spirituality rather than religion, which is beyond the dogma, hierarchy, and templating. It's more about what is a the base layer of all of these belief systems, which is love.
A bit culty sounding but okay. Bitcoin is just decentralized hard money. You won't reach enlightenment with Bitcoin lol that's ridiculous. Imagine Gold but decentralized, that's what Bitcoin is trying to achieve.
I totally understand that this sounds culty like you said - but once we deeply understand the implications of the protocol on societal level and how money is used to manipulate everything we do - including our time - it makes sense. And then we can ask, who is the cult leader? There is none - because each individual is in control and in service of the collective in Bitcoin and beyond. It's powerful stuff.
I believe that a world built on truth is needed for a massive advancement of the human civilisation. This is the pinnacle moment of our current prehistoric civilisation.
BITCOIN is Spiritual money, non discriminatory, builds on integrity, scarcity and the ability to unite a common global good for all mankind to prosper. Jeff have seen this for quite sometime, I would call him a visionary. Be well all James
JB is a hero and a legend. Bitcoin is maybe at its first or second inning. Nostr, Primal, built on bitcoin. A bitcoin bridge to fiat system is being built. Hop on it and be part of the transition and transformation. I must get myself to Nostr.
Our most recent discussion on truth, singularity, quantum reality, and abundance! 🙌🏼 ruclips.net/video/pgKSYO8oI7w/видео.html :) ✨
Listening to Jeff is spiritually uplifting. 🙌🏼 Also appreciate your thoughtful and concise questions. See you in the system of truth!
💯 Thank you, glad to be on the journey in the system of truth with you ✨
Listening to Jeff Booth always reminds me that I am on the right path and to allow myself to trust my own intuition.
Sometimes I can't believe Ive been so lucky to learn about bitcoin and be a part of this community.
Great questions from Daniella & Jeff never disappoints. Thanks!
🙏🏼 ✨
Being 65 years old, seeing the world change from the ‘80s till now…
I am so glad that your generation is realising what we turned it into.
One remark of Jeff brought a big smile on my face: “darkness can’t turn off the light’
A fantastic podcast !
Thank you 🥰 This comment means a lot. It is not lost, we (humanity) had lessons to learn from the fiat experience, but it is defiantly time for something new - a system imbued in Light. I'm excited about this future and glad we know it is systemically possible and happening thanks to Bitcoin. I am going to dive deeper into this in our next talk :) ✨
Really good interview. I would encourage you to continue down the podcasting route, especially now that there’s a big hole to fill after Peter ended his podcast. I’ve heard Jeff on a million different podcasts and your interview was one of my favourites. Keep it up!
Hey @WalksOfWinder-BC - this is a massive compliment - Jeff has done so many podcasts - thank you. I will probably stick with doing a few episodes here and there for now - but I will be releasing a new talk with Jeff next week, I think you may enjoy it :D Thanks again ✨
In this interview for th 1st time I now see how much Jeff has in common w/ Neo from th Matrix. 😁
Appreciate You Jeff, Forever Grateful 💯🎉
💯 🙌🏼 ✨
We Need to Get Trump in and hold him to his Bitcoin pledge. RFK is backing him. We get the Democrats we got trouble. Vote freedom.
Bitcoin doesn't need Trump.
Stop waiting for politicians to fix things
They can't.
Your faith in the system is holding you back from truth and enlightenment
@@richardeinheuser5529 if voting changed anything it would be illegal.
@@richardeinheuser5529 Bitcoin doesn't need Trump trump needs Bitcoin
@@richardeinheuser5529 Nothing changes until the money changes.
I agree with everything you wrote. Yet it is far greater than just Bitcoin as important as that is. Without overstating:
it is about saving this nation. And unlike we who've fallen into the rabbithole - a wonderful thing btw, ... it'll be about all of us falling into a hellhole, if President Trump is not elected. There's so much at stake.
Every time the state borrowed a lot of money, it looked around cautiously and noticed nobody saw, nobody complained, nobody voted against it, so the state kept borrowing and never paying back the loan people gave it.
Beautiful conversation, that you both 💯
Glad you enjoyed it! 🙌🏼 Another one coming out soon ✨
I see Jeff, I hit like 🫡
I want to know the location of the second passport .
why he said that btc is neutral and can´t be manipulated when top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply???
I deeply understand your concern because even after we spoke about this during this talk - this question remained with me for months until it finally clicked. This is our current system upside-down so I understand how difficult this is to grasp and can only encourage you to continue to question this point. Jeff is right though, the point is that you can only do 3 things with your bitcoin:
- Spend it: If you spend your Bitcoin, you are putting it back into circulation and making it available to the collective. Putting Bitcoin back into circulation provides capital for others to create new efficiencies that, in turn, benefit you. In order to acquire it again, you have to provide value to the network to receive Bitcoin because it has a limited supply.
- Save it: If you hodl your Bitcoin, the amount available in circulation on the network becomes more scarce. When you save you provide yourself the opportunity for more future capital to spend. This also increases the purchasing power for the entire Bitcoin network.
- Lose it: If you lose your Bitcoin, you make the asset even more rare - lost Bitcoin is like a donation to the network.
No matter what happens, you have no more power than someone else on the network. I hope this helps.
@@Daniellaio tx
Jeff, you are 50 years early.
😂 If technology wasn't moving so fast I would say 100 years early lol and yes, visionary ✨
No, he is 50 years late 😊
This was a great interview until you asked the teleportation question. That is just so dumb it brings the whole video down
Thank you and I understand your criticism - there was no context as to why I asked this question back in March 2023. The reason I gave no context is because I could foresee so much potential, but was not sure back then. I have so much more clarity now and I believe you will get more context around this question with the interview I will be sharing with Jeff next week. But here is what I saw and see even clearer now: When you have 8 billion people on a network distributing the knowledge, talent, and creativity to 8 billion other people, paired with the exponential progress of technology - all while humanity has time to explore what it truly means to be human on a deep level beyond money - including the depths of our 6th senses - I believe it is possible.
If what you're saying is true, then the likelihood of BTC actually taking hold as a monetary system is going to take generations. That also means that BTC is likely going to go thru multiple crashes while it's still being compared to fiat in terms of value. That means that there's a high likelihood that BTC will see $10k again and see it multiple times, assuming it can survive that long.
One of the things that's not being accounted for is that there has to be interest in BTC for it to survive. If it looks like BTC is going nowhere then BTC falls apart as there won't be people interested in processing transactions.
As those blockchain nodes drop off, it becomes less distributed and opens up the door for institutions to take over the ledger. Once that's done, then BTC can then be hyped again as the people that want control of it now have it and they can do what they want with it as it's far easier to offset any new ledger nodes with their own to maintain majority ownership.
This is its fatal flaw of BTC and what makes it extremely fragile.
"As long as it stays decentralized and secure, Bitcoin is inevitable" - Jeff Booth
Agreed, this is why it is time for us to take personal responsibility.
We are Bitcoin - if Bitcoin fails it is because we failed Bitcoin.
Running a node, holding our keys, using it as a medium of exchange - this is how we have the power to reinforce the network.
Contrary to fiat, we need to take personal, self-sovereign responsibility rather than forfeiting our freedoms.
It's already happening, and it is happening fast.
The future is in our hands directly experienced through our choices.
We just need to make the sovereign choice.
@@Daniellaio Perhaps, but that's a big ask and is reliant upon a fragile ecosystem of faith and enthusiasm. The latter is time-based which also affects the former.
The longer BTC goes without showing significant advancement in becoming a global monetary system, and not just a way for the ultra-wealthy and gov'ts to transport money, which it's so far failed to do despite the smartest minds on the planet's best efforts, the more the enthusiasm and faith will drop.
This winds up becoming a death spiral for BTC, which is why it's going to be so difficult for BTC to survive another crash, much less survive multiple crashes over generations.
Therefore, BTC has to sh*t or get off the pot, so to speak, if it wants to remain decentralized, secure and free. It's time is running out to prove that it can be a viable replacement for gov't fiat.
Otherwise, it's doomed to be relegated the backchannels of society again because once the wealthy get in on it, which they are, and see that it's going nowhere, they're not coming back unless they can control it and make persistent, consistent, long-term profits from it.
People, get some Bitcoin if you can get 1 whole coin you’ll be set for life.
If not, get to 0.5 or Minimum 0.2 of a BTC
2:47 Gold and silver has world wide use. Bitcoin is beholden to a working network, to use it
Gold requires 3rd party trust, it's not scarce, it's confiscatable, illiquid, and it's losing value to m2 money supply.
@@Radio39628 extremely naive comment.
I love Jeff’s thoughts on bitcoin, but he should avoid rambling incoherently on religion.
Thanks appreciate your feedback. I think the discussion is more geared towards spirituality rather than religion, which is beyond the dogma, hierarchy, and templating. It's more about what is a the base layer of all of these belief systems, which is love.
A bit culty sounding but okay. Bitcoin is just decentralized hard money. You won't reach enlightenment with Bitcoin lol that's ridiculous. Imagine Gold but decentralized, that's what Bitcoin is trying to achieve.
I totally understand that this sounds culty like you said - but once we deeply understand the implications of the protocol on societal level and how money is used to manipulate everything we do - including our time - it makes sense. And then we can ask, who is the cult leader? There is none - because each individual is in control and in service of the collective in Bitcoin and beyond. It's powerful stuff.
This man doesn't understand "Money".
Bitcoin idiocy is astonishing.
"Everybody's against Bitcoin before they're for Bitcoin. We welcome you all back with open arms." - Michael Saylor
One of the best JB interviews ever!
🙌🏼 🙌🏼 🧡 ✨
I believe that a world built on truth is needed for a massive advancement of the human civilisation. This is the pinnacle moment of our current prehistoric civilisation.
BITCOIN is Spiritual money, non discriminatory, builds on integrity, scarcity and the ability to unite a common global good for all mankind to prosper. Jeff have seen this for quite sometime, I would call him a visionary. Be well all James
💯
JB is a hero and a legend. Bitcoin is maybe at its first or second inning. Nostr, Primal, built on bitcoin. A bitcoin bridge to fiat system is being built. Hop on it and be part of the transition and transformation. I must get myself to Nostr.
💯🙌🏼✨ Please do! Follow me and let me know after you set up your wallet - I'll zap you some sats to get you started! :D
So true! i´m proud to being a part of the first peaceful revolution in mankind! Lets make a better world for us! Greets from Germany 👍
💯🙌🏼✨ Happy to be on the journey ushering in light and peace with you! ✨
Booth is SO deep. i have to listen twice to understand most of what he says.
💯 It sincerely took me 4 years to understand his thesis - once you really grasp the depth of what he is saying, there is no going back
Awesome! Jeff's a good man.
Very interesting!
🙌🏼 Glad you enjoyed it :)
One of the best interviews of jeff booth, it was so refreshing to listen to Jeff's views despite having listened to his multiple interviews before
🙏🏼
New follower. I enjoyed your show. Thank you. Jeff is awesome!
🙌🏼 Thank you and totally agree :) Looking forward to sharing our most recent talk with you next Friday! ✨
Excellent interview!!!!!!
🙌🏼
What a beautiful picture of what the world will become!
Yes absolutely :D 🙌🏼 I am planning on diving deeper into this during our next talk! ✨
Bitcoin
Love Big Love. Practice Loving big. Keep Overcoming sir. So Close bro...