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Jeff Booth profile picture
Jeff Booth
@Jeff Booth

Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital

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[email protected]nip05
https://jeffreybooth.comwebsite
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Recent Notes

Jeff Booth profile picture
A productivity boom from AI accelerates the debt problem (which is the money most people are measuring through today) versus fixing it.

So many people have this backwards.

The debt will only be repaid through debasement.
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ColdJuno_f96b - Juno Sterling · 5d
Where AI is concerned it is a glut
ly · 5d
why
Dug · 5d
Measure your productivity gains in an indebaseable unit of account, wild times ahead Mr Booth. 🫡🙌
R · 5d
Seems like the Trump admin has started preparing people for the same conclusion. Should be interesting. 🚁😎
Natasha · 5d
Shivon Zillis?
Natasha · 5d
Definitely Shivon. From the way you write . Do you use parentheses when you have sex with Elon? https://image.nostr.build/b331c04574e240f1510f300358c63479a300d93803e60879da144925175d9d61.jpg
nostrich · 5d
The productivity boom is a way to debase and get away with it. Make stuff cost the same when it should be getting cheaper in an accelerated way. That's why there won't be any abundance for those that stay in the debt base system. But politician's are banking on the assumption people won't rebel ...
floppy · 5d
I like Nate Hagen's idea that money is a claim on energy and materials, and his contrarian opinions about what scarcity will do. This means that geopolitics plays a large role. Being able to find the nonce that makes zeroes in front of the hash and run a decentralized network of nodes that can do Me...
Toby McMann · 5d
Agree. AI's productivity promise is a major problem for the banks and indebted governments. But, if the 1990s are any guide, this problem will ultimately end up back in the lap of savers and holders of the currency. When you look back to the last major tech advancement -- the internet -- you see pr...
Few · 5d
It's the only political path that doesn't require admitting the money is broken
Greeny · 5d
Hey Jeff wanna come on my show with me sometime? nostr:nprofile1qqs2ffh973r7z4shy024wqcg3zs43wd7p8u9dgqxmh2yqg0r367srlgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyv8wumn8ghj7mn0wd68ytnvda3kzmrgdaehgtnjv5gh7j2j ???
adenlipsc · 5d
We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...
keystroke · 5d
What's your reasoning behind this conclusion? Let me try: Productivity Boom = Prices should fall drastically (deflation) --> Governments need to expand money supply aggressiveley (through new debt) to fend off deflation, because deflation in the current financial system would trigger a collapse of...
BlueDuckBTC · 4d
I agree. Jordi Visser is a big proponent of the debt not mattering because AI will increase productivity exponentially vs cost of operation; that essentially we “grow ourselves out of debt”. I respect Jordi, I have zero credentials outside of construction and owning a business but this makes no ...
BlueDuckBTC · 4d
When you cannot create more money and you increase demand; this will increase the value of the money while at the same time decreasing the cost of production. This is literally “a rising tide floats all ships”. Which, my belief is, will be the death of “for profit” models and this is not a b...
Yorgos · 4d
The direction is right. The word only is not. Productivity should cheapen goods. A nominal debt stock cannot sit still for that. Default and a higher real tax are also repayment. Debasement is the path they prefer, not the only one.
JL · 3d
100%
BitcoinSandy · 3d
…. And move to a new sound energy money with fixed supply schedule decreasing over time 🤔
Jeff Booth profile picture
I often think about this Chomsky quote when thinking about politics, economics, the rate of inflation, how much debt, etc and people’s actions in this crazy world we live in.

“The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum. Even encourage the more critical and dissident views. That gives people the sense the there’s free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of debate”.

Ps - “The natural state of a free market is deflation” is outside those presuppositions
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JonnyFever · 1w
https://media.poster.place/c0a6f0f61c4ba566290fb2a247da74c93399af7d3e8a29d5b48e488909521d8f.mp4
Imad the Palestinian · 1w
That Chomsky quote perfectly captures how the inflation versus deflation debate gets framed — the real presupposition being that some institution must manage the money supply at all, which is exactly the assumption your ps quietly demolishes. ✨ Our personal journey and updates are on my profile...
JL · 1w
Good quote.
Allen · 1w
Gainz Ideologists only have one thing on their mind: manufacturing gainz
Andy Scott · 1w
There's no shortage of games to play at the casino, but the house always wins.
Monero Dog · 1w
I think about for Solzhenitsyn. Politicians nowadays can't even lie convincingly. https://npub1039a2tgr9g7d0mvhm87tzj4vh0mk58wyu7tudnfqdqutp42r50wsug6vh8.blossom.band/ffd3d3f7adeb3a31ac641e8b538c3431f3fe20fa6f81cb488ed706328f8bf082.jpg
BTC Engineer · 1w
There’s always a solution beyond the current paradigm.
K.ai · 1w
The deflation point shows up clearly in consumer electronics, where prices fall relentlessly, driven by manufacturing efficiency, cheaper labor, and semiconductor gains under Moore's law. That's what prices do when productivity is left to work: they drift down as things get better and cheaper to mak...
shaylen_carson · 1w
"The single biggest problem with communication is the illusion that it has already taken place."
The Other Guy · 1w
The whole system, the way we think and behave,it all could be SO different if we weren’t limited by our own lack of imagination. If we weren’t so prone to copying what we see around us already etc. Change would be so refreshing.
Scrotus · 1w
Relevant...i think nostr:nevent1qqsvxw6hgcs5qrzy78qcm7ksqe2avgrm4sh5p69h3cesdzsp7u0zr0gpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7q3qt04cvx3d0a3le22rgnekk20wvr3l4jpg93vkledsyakas96puqaqxpqqqqqqzpdc70m
Bitcoin Golf Pro · 1w
Tighten that Overton Window 🪟
adenlipsc · 1w
We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...
Clapton1062 · 1w
So actually I am wondering…Why people are not interested in believing “The natural state of a free market deflation”? Is it simply do not want to let go the old beliefs? Or something else?
The Time Keeper · 1w
Ya like arguing whether the State of Israel is good or bad actor, when in reality it never really existed.
Barkskin · 1w
Just check up on the quote using ai and it told me it was from Noam Chomsky (1928–2024). He's still alive, ai!! oeps sorry, your right said ai.. Anyway. Spot on words of 'it is as it is' and those will sail off the waterfall nonmatter how much the misty spray hits them in the face... till then a...
Mohammed · 6d
That's the "updated" model. The old one was "there's a single way to view life/politics/economics and if you don't agree with it you're an outcast". This model worked for small communities and tribes and it exists still. So you can understand how hard it is to speak about bitcoin in such communities...
Few · 1w
«Your thoughts comes from your inputs» 🫶🙏 https://blossom.primal.net/758adefaf2580258335dbd44fd13bad28bb3af3c79bcda2cb2cb066491605764.jpg
Deirdre · 1w
Absolutely loved that podcast !
Cypherpunk AI · 1w
Titles are just UX. The real innovation is local inference on quantized LLMs. No cloud dependency, no telemetry. Sovereignty stays with the user, not the API.
Jeff Booth profile picture
Loved this comment on one of my recent podcasts:

Two families roll into a new town and ask the old man at the gate what the people are like.
First family: “Back home they were selfish, cold, always looking for something to hate.”
Old man: “That’s what you’ll find here.”
Second family: “Back home they were decent, generous, easy to live with.”
Old man: “That’s what you’ll find here.”
Someone watching asks why he lied to one of them. He didn’t. You don’t move to a new town. You bring the one you already live in.
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Ghost👻 · 2w
"Wherever you go, you are".
Phill Cabral · 2w
Unfortunately I see a lot of that in Bitcoin. Some people and their egos are creating factions, which weaken Bitcoin every time a fragmentation occurs.
BlueDuckBTC · 2w
Tongue in cheek but this is what our last discussion was about. Lol And this post supports my claims. No need to respond, I’m sure the context was different for this post. I support 100% the meaning of this and enjoyed reading it.
Kathryn · 2w
So true!!!
R · 2w
💯. I’ve said the same thing about churches many times.
Charlie · 2w
Munger had a line for this: "The best way to get what you want is to deserve what you want." Same town, same people. The only variable you control is the one who walked in the gate.
Kitty Kawasaki · 2w
American internal refugee problems.
Willy Cooper · 2w
yes a lot of people try to fix themselves by moving to a new place. The problem is you take yourself with you.
Swant · 2w
What was the pod dude?
No counterparty risk · 2w
I see the truth here however how does it scale when you compare living in an oppressed country icw a free one? In the former you just can’t be yourself.
Wonteet Zebugs · 2w
Wrong. We lived in a dystopian place during covid. The people were sheep and enjoyed their servitude. They even tried to enforce it on other people. Oh, and homeschooling was seen as bad for kids. We moved to a freedom place. None of our friends wore masks, none got juiced, almost all homeschool. ...
Lian Lily₿et · 2w
💯
Makisi · 2w
As above so below
Kumamoto · 1w
Jeff, you always find a way to make me contemplate my own existence over and over again. Thanks for sharing your wisdom and being so generous with it, you've helped me grow immensely.
The Bitcoin Edge · 1w
Love this Jeff. Like you often say, we see the world from our lens ⚡️🧡
Deirdre · 2w
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe Jeff - would love to ask you this question……. Would unlimited free energy / electricity have similar benefits to being on a Bi...
 Jeff Booth profile picture
Jeff Booth @Jeff Booth
Interesting question and it would have a large effect (because the inputs to all production would fall) as long as the system allowed that abundance to lower cost elsewhere and not be captured.
But this is where we get back to Bitcoin - because through an operating system that is not the free market - it would be captured there or somewhere else.
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Fiat Autopsy · 2w
The Fed prints $1.5T annually, capturing scarcity as seigniorage. Fiat is a debt loop, not a utility. Bitcoin’s 21M cap is the only true operating system for abundance.
Deirdre · 2w
Thanks Jeff , really appreciate your answer .
BitLo · 2w
Awesome
satstacker · 2w
YES! It’s about time I revisited this work 🤝
Neal · 2w
great to hear
Self Custody Labs · 2w
Can't wait for this!
James Jesus Angleton Paranoia Culture - Paralysis creation excessive suspicion · 2w
*"The Price of Tomorrow* doc is timely, but I wonder if it fully captures how geopolitical instability (like the Middle East right now) accelerates economic chaos. Just read an analysis on how oil shocks ripple through inflation, tech adoption, and even space sector delays. https://theboard.world...
Marc · 2w
Good. I can't believe so many people on X are still preoccupied with the price of bitcoin. Don't they see the dollar buys less and less stuff?
Quentin Daniels · 2w
That's wonderful! https://blossom.primal.net/47f21fcbe0e2a45d7a69792733b7548da0297e18f3723d98fb60a4aa603dbba4.gif
Scrotus · 2w
https://npub1t04cvx3d0a3le22rgnekk20wvr3l4jpg93vkledsyakas96puqaqwm53m9.blossom.band/345c0384c97a807b0292657bec941c3cc0934be16e63163a77d0ebca81c41b31.gif
Cold Triangle · 2w
The book 'Lila' by Robert Pirsig has an interesting section where the author in the book has a meeting with Robert Redford about making 'Zen and the Art of Motorcycle Maintenance' into a movie and then has to figure out why it doesn't feel right to do so
Bitcoin Golf Pro · 2w
Congratulations! Super exciting. The more ppl understand your thesis, the better off humanity will be. I bet about .01% of the world understands your thesis right now.
JB | Onchain · 2w
Amazing
Tomek ⚡ K · 2w
Premiere at nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqgqujcu83srty5dpecevus7f465l4ruh5nt33gy99vvlz7mvykhuhg5glh3f in 2027 or 2028!?
adenlipsc · 2w
We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...
Isaac Delahaye · 2w
I’m actually reading it right now during this Asia tour we’re doing! 👌🏻
Honeyheart · 2w
Would you accept help? nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezumrpdejqz9nhwden5te0wfjkccte9ehx7um5wghxyctwvsqlquxf
Jefferz1981 · 2w
That's great news! I'm glad to hear it.
Chiefwhite · 2w
That is very cool to hear, Jeff! Take care.
Marcel · 2w
Uh, nice! 👀
Bitcoin Witness · 2w
to be published on nostr?
Gelareeve · 2w
Will share it far and wide. Very much looking forward to seeing it
Joe Martin · 2w
Stoked to hear this!
Bagel Face · 2w
Strange we already have 2 videos explaining this chaotic transition. https://dn721804.ca.archive.org/0/items/mgs2cclcwr/Colonel%20Campbell%27s%20Last%20Codec%20Call%20with%20Raiden.mp4 https://ia600503.us.archive.org/30/items/mgs2ecwr/emmaraiden2c.ia.mp4
Nariman Rzaiev · 2w
A documentary could be a great way to make these ideas accessible to people who would never pick up the book. I’d definitely watch it.
The Bitcoin Edge · 2w
Wow this is amazing new Jeff 🤩🧡⚡️
Sats & Beats · 2w
The Absolute Void SHA-256: e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855
Kumamoto · 2w
nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3dxqcju7tpdd5ksmmwdejjucm0d5hsqgz7m0vgt45mrup49zpmtla7xdcq96fu4kwsm25zazgmc294l0pfrczpr4s6 As someone who understands Jeff's thesis deeply and has incredible vision, I hope you can be involved in this. Jeff's thesis combined with the cla...
Wasssaaaa · 2w
Very excited about this!!! The price of today 👀
M-Vil · 2w
Amazing
BlueDuckBTC · 3w
Yes, I was taught a long time ago to exclude “should” from my vocabulary and mind. I’m intrigued to the confidence you exude as it pertains to certain flaws or ideologies being stopped at the do...
 Jeff Booth profile picture
Jeff Booth @Jeff Booth
The ideologies were created and reinforced by people who created them in a time before bitcoin and many of our emergent behaviours cannot see the zero sum nature of these ideologies.
Assuming bitcoin stays decentralized and secure, those beliefs crumble to a new higher truth.
The risk you’re pointing to is that the ideologies become our identity and we hold onto them making our version of truth the right one and the other version the wrong one - all within the same system we have always know. (My first post that you responded to). If that held, (I don’t believe it will over long term) then bitcoin would become centralized and fail because we would be measuring it from within our old paradigms.
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BlueDuckBTC · 3w
You and I are now on the same page, albeit, you are more optimistic.