Bitcoin's Solution To "The Inflation Paradox" | Jeff Booth
Inflection Point
00:00
The Thesis of the Ego Death Fund
Bitcoin was provably decentralized and secure, but it had no utility because you could do only the five, seven transactions a second. The strength of Bitcoin as a base layer was the decentralization and security that actually put a pricing mechanism to be able to chase abundant energy. So all of the other coins that came up saying, I have a better Bitcoin. I have something else and had to make a trade off that and do something different in a free market that's trying to fit. These are new ideas with technology that did something different. That's why we started the fund and the projects we look at for quite honestly, sometimes I don't even know. Sometimes you see something over here with
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