Bitcoin & The Return To Prosperity Through Deflation with Jeff Booth | The Bitcoin Layer

Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. Nik sits down with Jeff Booth, a technology entrepreneur and author of the Amazon #1 Best Seller 'The Price of Tomorrow'. Jeff discusses inflating away the United States' immense debt burden, technologies' naturally deflationary trend, and how bitcoin paves the way for a return to prosperity growth free from centralized distortions to capital allocation.
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Пікірлер: 46

  • @dirkcadlick6339
    @dirkcadlick6339 Жыл бұрын

    I follow Jeff Booth a lot. When you finally start to understand what he’s trying to tell us… it’s mind blowing. Very intelligent person

  • @shifu9276

    @shifu9276

    Жыл бұрын

    Jeff’s the man

  • @lesjf8832

    @lesjf8832

    Жыл бұрын

    Put the youtube down and google bitcoin and stop listening to these swindlers.

  • @TheBitcoinRevolution

    @TheBitcoinRevolution

    4 ай бұрын

    It takes a while to understand and then, bam! And then you listen again and hear something new, bam, repeat!

  • @h2jennings
    @h2jennings Жыл бұрын

    Anytime Jeff Booth is speaking I'm listening. Great interview!🙂

  • @robertrobert6665
    @robertrobert6665 Жыл бұрын

    Nik, Jeff and Bitcoin provide hope(and 💯signal!)

  • @Chuck-be7ed
    @Chuck-be7ed Жыл бұрын

    “Intelligence is error correction.” - Jeff Booth (first principles genius)

  • @randolphbrandt3713
    @randolphbrandt3713 Жыл бұрын

    Nick, Jeff, Your books take the complexity of our time and break it into understandable bite sized chunks. I am grateful for your work.

  • @johncowan7740

    @johncowan7740

    Жыл бұрын

    Hey Grass hopper, you gotta understand these guys are theoretical, that's why people are so drawn to them, but the real world doesn't work like that.

  • @Just21Million
    @Just21Million Жыл бұрын

    2 of my favorite authors🙌

  • @yanxu2639
    @yanxu2639 Жыл бұрын

    Wow, can't believe what I am hearing, a higher level of thinking! Thank you so much

  • @richardhubbard2151
    @richardhubbard2151 Жыл бұрын

    Jeffs a gift. Pay attention!

  • @michaelzuchowski4021
    @michaelzuchowski4021 Жыл бұрын

    China’s new deal to purchase oil in the yuan makes a lot more sense in this context

  • @MrFrankiebos
    @MrFrankiebos Жыл бұрын

    This was great! Thank you, Nik and Jeff!

  • @ggrthemostgodless8713
    @ggrthemostgodless8713 Жыл бұрын

    Any channel that can pull Jeff into an interview is a channel I immediately subscribe to... you got a new one man. Good job with the interview. Lyn Alden next??

  • @pyorba
    @pyorba Жыл бұрын

    Thanks!

  • @EdwardVillemaire
    @EdwardVillemaire Жыл бұрын

    Incredible questions Nik! Jeff Booth continues to unpack troubled economics. Thank you for your first principle analysis Jeff.

  • @JTland-sea-air
    @JTland-sea-air Жыл бұрын

    Jeff is the man! You both win in that interview! Everytime, I listen to him, it sinks in more how entrenched in the old system our thinking really is!?? I hope leaders at the highest level are taking note. He just gave them the strategy to do this harmoniously and effectively! I'm seeing the light⚡️💥

  • @bschinski
    @bschinski Жыл бұрын

    Near the end, Jeff's comments on the geopolitical dynamic and the Fed's possible strategy regarding China's current financial desperation deserve wider consideration by macrostrategists. This was especially enlightening when preceded by Nik's previous interview with James Palmer. Thanks for a pair of great interviews, Nik!

  • @johngammon963
    @johngammon963 Жыл бұрын

    As a guitarist I can't looking at Jeff's collection. Is that writing on the middle guitar?

  • @jackwheeler5218
    @jackwheeler5218 Жыл бұрын

    Great interview! Could you please implement time stamps?

  • @Pogdub
    @Pogdub Жыл бұрын

    top notch !

  • @TheBitcoinLayer-

    @TheBitcoinLayer-

    Жыл бұрын

    🎄🎄ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ✙𝟒𝟓𝟗𝟮𝟒𝟱𝟑𝟑𝟗𝟔♡

  • @gilbertguerra404
    @gilbertguerra404 Жыл бұрын

    Intelligence, listen.

  • @johnnymidas5879
    @johnnymidas5879 Жыл бұрын

    😃👍🔥❤

  • @thestonemaster81
    @thestonemaster81 Жыл бұрын

    So it’s good to have a front seat

  • @isaboteur2562
    @isaboteur2562 Жыл бұрын

    I'm personally not a Bitcoin investor but my neice is. I'm going to share this video with her right now.😊

  • @dominicjodoin7756
    @dominicjodoin7756 Жыл бұрын

    i would like to understand what happend to debt in a deflationary system

  • @INCREDHISTORY

    @INCREDHISTORY

    Жыл бұрын

    The cost of capital would rise tremendously. Borrowers would be paying very high interest rates. Goods and services would become cheaper.

  • @JTland-sea-air

    @JTland-sea-air

    Жыл бұрын

    The macro point is, however in a truly deflationary/free market system, debt is unnecessary. See...you have to think in a completely different way. Stay at it...the switch will happen and you will be free!

  • @LEDit0ut

    @LEDit0ut

    4 күн бұрын

    If money is worth less tomorrow it makes sense to borrow as that debt would shrink tomorrow. If money was worth more tomorrow the debt burden would also be greater. The free market would recognize that it makes sense to save to buy rather than borrow to buy.

  • @lambchoppa3718
    @lambchoppa3718 Жыл бұрын

    How does anything with Jeff Booth not have 100k likes!? Mind blown... again. Maybe it's just cause I'm another crazy canadian 🤪 also would like to say very good questions, good interview 👍

  • @flyingsnow311
    @flyingsnow311 Жыл бұрын

    I guess he's Outlook on Robotics and that the automated manufacturing processes will cause, prices only go down, is a very romanticized notion. The diagnosis is correct, but the individual does not benefit from it. The result will be, a few more even richer billionaires on the planet.

  • @TheBitcoinLayer-

    @TheBitcoinLayer-

    Жыл бұрын

    🎄🎄ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ. sᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛsᴀᴘᴘ✙𝟒𝟓𝟗𝟮𝟒𝟱𝟑𝟑𝟗𝟔♡

  • @LEDit0ut

    @LEDit0ut

    4 күн бұрын

    This is only true because of inflation in a debt based economy. If you disable the ability to fractionally lend money what he is saying would be true. You can disagree all you want but bitcoin is the proof. Everything falls in price when measured in bitcoin terms.

  • @bitcoinisfreedommoney.fckt2663
    @bitcoinisfreedommoney.fckt2663 Жыл бұрын

    Another absolute banger of an interview from Jeff 🎉❤

  • @Pogdub

    @Pogdub

    Жыл бұрын

    and Nick...

  • @btdoe3259
    @btdoe3259 Жыл бұрын

    Can anybody guess why Hollywood is producing so many dystopian future type movies 🙄

  • @TimmyPaco
    @TimmyPaco Жыл бұрын

    Jeff's thesis forgets that innovations that are technology based brings new products and services and sometimes have nothing to do with procudtivy improvements alone and this fact contradicts his arguments that technology should necessarily be deflationary.

  • @LEDit0ut

    @LEDit0ut

    4 күн бұрын

    You are ignoring the fact businesses are inherently competitive. If they can undercut the competition by 1 cent by improving supply chains and manufacturing techniques they would. And they do do this. The problem is we don’t see the benefits as the consumer because of inflation. This is also why nothing is built in the US. Because of the cantillon effect. 3rd world countries are furthest away from the money printing. That is why is it cheaper to manufacture over seas.

  • @lesjf8832
    @lesjf8832 Жыл бұрын

    FFS, this man has NO integrity if he's still peddling the bitcoin scam.

  • @JTland-sea-air

    @JTland-sea-air

    Жыл бұрын

    I hope someone takes the time to throw you some bread crumbs of understanding. It's not me tho! 😂

  • @satoshidownunder

    @satoshidownunder

    8 ай бұрын

    Cry harder scammer!

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