Jeff Booth on nostr

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@Jeff Booth 1732201710

The journey down the rabbit hole to understand Bitcoin creates a cognitive dissonance in our minds where our former beliefs are challenged and disrupted.
A mental discomfort is created by trying to hold onto contradictory beliefs - (ie - Free market is deflationary + inflation is required to allow society to function) and then trying to rationalize previous beliefs.
That’s why it’s so hard for “experts” or those successful in the old system to see it.

But it’s not negotiating with them - it is imposing reality on them.

Enjoy the ride my friends.
#Bitcoin

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Let's impose reality!

jimbocoin 🃏 · 81w

Also trust in the system. I work with a lot of smart people—in the IQ sense. But most or all of them are highly educated (many PhDs). The system has been good to them. Trusting it has paid off. And so, when the system tells them that inflation is good, they believe it. When the system tells them ...

SuiGenerisJohn · 81w

I've had more luck explaining bitcoin to people who are primed by the inflation/money printing - deflationary economics dichotomy. When they see that the money printing is stealing humanity's productivity, it makes sound money much easier to explain. So thank you for this valuable memetic munition...

Matthew D · 81w

What's the two fundamental ideas of economics you mention? That deflation is the natural state of the free market, and the other thing is trade related.

satstacker · 81w

Dropping fire Jeff 🧡

Love it. Bitcoin doesn't care about your opinions 😎

Learn alot from you

So true my friend. 🙏🏻 It has hit me profoundly (just recently) that to go deeper down the Bitcoin “rabbit hole” some basic amount of brain/heart coherence is necessary. Possibly combined with being able to toggle between the use of the left and right side of our brain hemispheres. Not ...

Parallel Structures · 81w

Humility is a virtue

Amazingly said nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mqgevlfj, the "experts" of the old worlds will come to realizarion one day. It would be an honour to have y...

“In fact, Bitcoin does not use reputation at all. It sees the network as just a big crowd and doesn't much care who it talks to or who tells it something, as long as at least one of them relays the information being broadcast around the network. It doesn't care because there's no way to lie to it...

Bitcoin Golf Pro · 81w

Thank for the great content. That last rip you had with Soni was mind blowing and constructive. 🙏🏼

jo 🇺🇸 · 81w

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Truth returns to Reality and the World begins to make sense once more.

Jake Woodhouse · 81w

Thank you for teaching me so much Jeff. "Unlearning" has indeed been one of the hardest things. Then as you ask hard questions, and find answers that contradict what you previously knew, as you head in a renewed trajectory, new people come into you life, whilst stagnant friendships fall away adverse...

Martin Tolsma · 81w

Repetition of your wisdom is key, Jeff! Thanks for another bedrock statement… as hard as Bitcoin itself🙏💪

TNStacker · 81w

Truth for me. I was educated in traditional banking and finance, with a Kensian , and then Chicago School slant, so my world view had to be torn apart by me smelling the funk of my own shit.

BankSith · 81w

Andre 🇮🇹 Nostr only · 81w

Bitcoin is inner work for humanity! 🧡

Mohammed · 81w

100%. It's the light that touches you at the deepest level of the Bitcoin rabbit hole. If you don't go deep enough, you won't know it.

Bitcoin Quokka · 80w

Right on… Bitcoin is a protocol and a discovery. The gravity of this can be grasped when comparing other such protocols: fire, math, electricity, nuclear fission, the internet. People have no clue how important Bitcoin is as all new protocols [that are also discoveries] are met with suspicion and ...

How was your new book coming along Jeff?

Turtlesallthewaydown⚡️ · 80w

I’m hoping your new book addresses the paradigm shift required? I was writing about Bitcoin vs Real Estate the other day. Real Estate being my background and I was musing over if the ‘relatively non volatile’ high ratio, loan to equity, leverage currently available on realestate has a place i...

Once you see it there is no going back

Bitcoin is hope · 80w

Hi Jeff ! Im a big fan and bitcoiner from Spain. I created an account here on Nostr just to talk to you. I have seen pretty much all your interviews but I never heard you talk about quantum computing. I know Bitcoin will adapt and be se cure to it. But old adresses with lost coins and Satoshi Na...

And “experts” include broke financial journalists.