Coin Stories with Natalie Brunell Jeff Booth: Deflation is Coming - A Future of Bitcoin, AI and Abundance
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Jul 9, 2024 
Entrepreneur and author Jeff Booth discusses Bitcoin's price, AI convergence, competition for energy, and Bitcoin's role as a store of value or currency. He explores technology's impact on deflation, wealth concentration, and societal organization, highlighting the importance of creating value in a free market. The conversation also covers the relationship between Bitcoin and AI, economic moats, and the potential paradigm shift towards decentralized currencies like Bitcoin.
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Free Market's Natural State Is Deflation
- The free market's natural state is deflation driven by technology and productivity.
- Anything that stops this deflation is a control system that steals value from people.
Build A Parallel Path, Not Political Fixes
- Move time and resources into building a parallel system rather than fighting politics.
- Focus on entrepreneurs and projects that re-price the world toward abundance and truth.
Homes Were Financialized Into Stores Of Value
- Financialization turned homes into stores of value rather than utilities, pushing prices up in fiat.
- Relative to Bitcoin, home prices fall toward their utility value as money is repriced.