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Jeff Booth, general partner at Ego Death Capital and author of The Price of Tomorrow, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss why Bitcoin’s advance is unstoppable, why deflation is actually positive, and how governments will get public buy-in for CBDCs. Booth also shares his views on which countries will be the first to move from fiat to Bitcoin. Booth and Makori spoke at the Bitcoin 2023 conference in Miami.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Jeff Booth on Twitter: @JeffBooth (https://twitter.com/JeffBooth)
0:00 – Fiat is built on deception and theft
7:11 – Why Bitcoin will become the pricing mechanism
11.00 – Inflation is theft, manipulated fiat
13:43 – Government pushback against Bitcoin
17:41 – Fiat/debt-based system cannot allow deflation
21:38 – AI will destabilize prices and labor exponentially
24:24 – Governments will incentivize CBDCs
31:26 – World needs Bitcoin as a neutral currency
33:27 – The blockchain trilemma
41:30 – Hyper-Bitcoinization and money monopoly
47:53 – Bitcoin’s global opportunity
50:19 – Money is information
56:17 – Timeframe for hyper-Bitcoinization
#bitcoin
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