Thanks for both the kind words and for the feedback! (I know this is what happens when you put stuff out on the internet) I watched this video back and although there are some interruptions I do think I gave Jeff enough space to share his thoughts (he also liked our conversation, that is the main feedback I need :) ) - I started this podcast to have conversations with people that inspire me and that I can learn from, and I am sharing the conversations here on TH-cam and in audio. As far as structuring conversations, asking the right questions etc. I am learning as I go - this is not an interview podcast, I want to trigger myself (and viewers/listeners) intellectually and just as in any conversation you sometimes need to break in or make a summary etc. But again, I am learning as I go. I appreciate everyone who watches and listens, it is very inspiring to see this channel grow. Thank you! 🧡
I concur. The constant interruption is VERY Aggravating. You ask good questions but you interrupt him before he can finish his train of thought. Good interviewers are good LISTENERS!
People complaining about interruptions by Bram simply need to view this content as a recorded conversation instead of as a "formal" interview or platform for one side to speak, but instead an actual conversation that just happened to be recorded. That's what it felt like to me anyway. I found it useful, so thank you Bram for recording this and putting it out.
Jeff Booth nails it again, as usual no surprise - just amazingly easy to understand facts. The natural state of a free market is deflationary. #jeffbooth #mymentor #protocols #bitcoin
Yep, him & Saylor accelerated my understanding that Bitcoin (& thus now Kaspa, same fundamentals, plus revolutionary BlockDAG tech) are in fact the two most fair, secure, & durable assets in human history.
Been listening to Jeff for a year and everytime he explains how technology drives prices down and how everything is going down in btc price still blows my mind everytime he explains it. This could be the greatest quantum leap ever for humans.
Sales tip. Save your pitch for mid stream. I understand your thinking but your not allowing for a flow state to be created in your listeners before the interruption of the sell. Likewise you need not verbally agree with a “yep” when your guest makes a salient point. Just stay silent until you are ready to speak. It’s not a normal conversation. This is ultimately very spiritual work and everyone wants to listen to the master. Who has thought through these complex problems beyond our normal capacity. I say this with the joy of watching and enjoying your interview. Thank you 🙏
I’m sure Jeff is referring to the “The Structure of Scientific Revolutions” by Thomas Kuhn. How we build mental models and how they become obsolete in time when they can’t explain reality anymore. How people are reluctant to adapt new paradigms because they don’t resonate with their prior belief system. This is seminal book for all innovators and understand the change in perception of new advancements. A must read for everyone
Thanks for your comment. A mindset change tweaked. I'm guilty of doing the same thing, expecting different results, when the reality can't be explained anymore. Perception and old beliefs are really hard to change. Perhaps this is why its difficult to orange pill the masses.
Great interview. Thank you very much, Gentlemen. Jeff Booth is a true diamond in a field of gravel. Next time, I would appreciate letting him develop his thoughts more freely and uninterrupted. I am looking forward to seeing a sequel real soon. 😀
Love your show. One suggestion. Try not to interrupt or talk over your guests. Breathe. Give it space. Be like Joe rogan and WAIT a few seconds before you interject. Allow the guest to finish their thought. Otherwise, awesome shows. My new favorite Bitcoin podcast
Dude, keep up the amazing work. Great guests, awesome content. You are on a roll. As I said, you can be the next Rogan if you let the guest roll a bit before you jump in.@@bramk
So glad you got Jeff Booth on again. Im only a few Months into Bitcoin and thanks to Jeff Booth have wasted no time converting my gold into Bitcoin. Your interview style is fine and your allowing enough time for your guests to speak. Love your chsnnel Bram. Watching from across the pond in kangarooland, meaning Australia.
Bram, you are getting fantastic guests. I’m listening to more and more of your interviews. 👍 - Please- let the guests speak without interruption. It was extremely uncomfortable watching you interrupt Jeff. We are watching to hear him. When you know he has finished his point - take a breath and then slowly bring the next question. Think about some of your favorite Saylor interviews. The best interviewer’s give Saylor the space to run with his thoughts..
Hey Bram, heb al tamelijk wat interviews van JB beluisterd. Jouw interview vond ik zo interessant dat ik hem 2 maal beluisterd heb. Top gedaan en dankjewel voor de tijd en moeite die je erin gestoken hebt! Veel succes verder
Excellent eposide, Bram. I love listening to Jeff. He's got such a macro big-picture perspective, and his examples of "let's play this out" are always based on first principles. Awesome interview!
Thoughtful and thought provoking discussion by two very sensitive and self effacing men, asking deep questions about yourselves and helping us in the audience to connect to more understanding within ourselves. With a rise in consciousness through Bitcoin, the changes will be exponential .. give the new system some more of your time and Our future is in good hands - in our hands, we are unstoppable.
Beam, please allow your guest to express himself without constantly interrupting him. He is so remarkably deep and we all miss out on what is conveyed. Thank you
@jeffbooth you always bring so much to my understanding and concept of bitcoin and what it really is and what it enables and what’s ahead and I thank you for all your efforts. I truly appreciate them and you’re touching many people deeply in a clear manner they can understand which is obviously so important, thank you
There’s never a bad time to buy BTC. I started buying in 2021 and saw my P&L drop. I didn’t sell anything. Now in 2024, my P&L is +154% and I still won’t sell. It’s left in cold storage and there it’ll stay.
I really appreciate Jeff in the bitcoin space. does his model of a free market where prices fall to zero take account for the population growth in such a society?
@@bramkactually some interuption is good because it forces the guest to further analyze their own ideas. Many guests just repeat the same thing they have said before on other podcasts. Trick is to have good questions lined up for the guest
@@bramkwith all due respect, I honestly admire your depth of understanding and enthusiasm for Bitcoin but enthusiasm for the subject is not a good excuse for interrupting your guest speaker frequently. If you are learning as you go, you should be patient enough to listen and let your speaker complete his line of thoughts instead of interrupting frequently. Please do not take this as a mean criticism but a genuine positive feedback from someone who came across this channel by chance and listened to the conversation till the end of the interview despite the frequent interruptions. You asked for rating and feedback at the end of the video. I would rate the content very highly absent the frequent interruptions.
you should make a video about how one can move into the new system. It’s such a “ego” death as you two speak about. That it’s hard to try to translate your day to day into this system.
I've only started learning about this a couple of weeks ago and it's a bit overwhelming. It's difficult to switch gears but I'm seeing that I need to. Good video.
@@bramk love your channel Bram. I am highlighting cool things about bitcoin is it cool with you if I make a couple Shorts from your interview with Jeff?
Jeff Booth is a favorite. The idea of deflation (prices always falling) being the norm sounds so strange today. But think about it for like one nanosecond and it is so obviously true. The question then becomes how and why have we been so conditioned to believe the opposite? The other bit of nonsense is that money must earn interest. But why? If prices are falling then the longer we save the more we can afford and saving for retirement becomes simple and foolproof. So why have we been conditioned to believe the opposite? Same answer! The more you learn the better bitcoin looks.
Deflation and prices falling forever was not possible in monetary history. Because all forms of money that people used in history did not have absolute scarcity. Every form of money could be manipulated and produce unlimited even gold. Bitcoin is the first form of money that enables absolute scarcity
You say the Natural Way is Price deflation unless you can prove it. Yet over the last 80 plus years it has inflated at 2% per year equals 160%+. Everything cost more today? Please clarify. J
Hey! That is the entire point. The fact that the money is being debased (printed) means that prices go up (inflation) while you can rationaly argue that prices should go down due to technological advancements. Your probably paid for a physical calculator back in the day. Now, that is free. Another example is that it’s like a joke when people say: “bread use to cost 25 cents” - does it make sense a bread is $/€ 4 now?
So..self-interest of those who own bitcoin in an ETF...they will withdraw their bitcoin in an ETF if it starts to centralize their investment by rehypothication, correct?
Yeah well, concerning altcoins, there are projects out there that make way more sense than bitcoin from a technology perspective... ICP (Internet Computer), ATOM (Cosmos), VeChain, Propy, XRP, XLM, XDC, Swftcoin, HBAR, Fetch AI, Limewire... just to name a few
Bitcoin is a protocol that can only be invented once. The choices for security and decentralization OVER speed are deliberate. Altcoins are trying to “make a better Bitcoin” but they are missing the point because they view it as a technology. A protocol - a set of rules - is a totally different thing.
Hi Bram, Je stelt mooie, goede vragen. Super, voegt iets toe aan podcastland. Ik zou het waarderen als je in de titel altijd de naam van de persoon die je interviewt, zou kunnen vermelden. Niet iedereen kent iedereen van gezicht.
I wish someone would explain what "moving into the Bitcoin world" or the "new reality" looks like for someone who lives paycheck to paycheck. I have not gotten a good answer. I have been attacked, insulted, ridiculed and accused of all sorts of things I never said..., but no one has been able to give me a clear answer. I can imagine what it looks like for someone like Jeff who is already wealthy, but that does not represent the vast majority of people. So, I will ask again, what does "moving into the Bitcoin world" or the "new reality" look like if you live paycheck to paycheck?
Great question. I will share my thoughts: If you live paycheck to paycheck it is of course hard to use Bitcoin as a savings mechanism because you don’t have excess money to save - of course every situation is different but I think people can do 2 things: 1 is learn about and realize that the fiat world is designed against you and that you have been influenced and programmed to participate in it (mostly unaware). What can you change in your behaviour or perceived wants? 2. If you do not earn enough money it is essential to upskill yourself to escape the bracket you are in right now. The internet is full of free education. Next to that, perhaps you are in the wrong location and there are other places where you would be better off. The former is easier than the latter of course. Just my 2 cents. Let me know what you think?
If you have the ability to change and have motivation, don't quit your job, just add another one to obtain more fiat currency. Take the extra income, however small amounts, and learn to buy bitcoin every week/month/year. eventually you will accumulate enough to get .20 Bitcoin, when that happens, your retirement will be secured. I you learn about the alt coins, investing $200 dollars at the right time could give you a way to convert your small investment into a small fortune..... learn to invest in crypto asap.
@@bramk thank you for your reply. This is all very good advice. I was actually orange pilled around 2018. I have been accumulating (slowly) since then and using Bitcoin as savings. Maybe I need to be more specific. I have 4 boys, and an amazing wife who homeschools them. I own a small business and a storefront, so we do okay. What I mean by living paycheck to paycheck is living on fiat for everything meaningful in my life. I pay my electric bill, utilities, car payments, rent, food, health insurance, etc all in fiat. I go out to eat and pay in fiat, I go on vacation and buy plane tickets in fiat. I will probably never have enough Bitcoin to live off it unless it goes to $500k or something crazy like that, but that is okay. I have considered only accepting Bitcoin in my store, I even worked with IBEX Pay to create a Woo commerce plugin to take online payments in Bitcoin but if I actually only accepted Bitcoin I would go out of business because even though I have spent considerable money promoting Bitcoin payments no one wants to spend their Bitcoin - even at a promenant Bitcoin conference that I sponsored... anyway.. I'm rambling.. I just wish I understood how someone like myself who has no choice but to participate day after day, week after week, month after month STRENGTHENING in the fiat system can "opt out" into the new 'Bitcoin system". Should I move to El Salvador? (only half kidding) Even if I could persuade all the local businesses in my community to start accepting Bitcoin, no one would pay in Bitcoin. "Spend and Replace" needs to be added to "stack sats and stay humble." Otherwise what good will having Bitcoin be when the governments take control of all the on and off ramps? Maybe I should try to start a Bitcoin meetup.... Anyway thanks for letting me rant..
@@rogarok5880 thank your the reply. Why .20 Bitcoin? just curious... Also, I appreciate your point on flipping alt coins for Bitcoin gains. I don't think there is anything more wrong with doing that than working for fiat money is.. I never really understood the logic of some Maxi's who think you are breaking some cardinal rule buy flipping alts to buy Bitcoin when their Bitcoin riches came from a fiat investment.
Thanks for sharing! You have started somewhere by saving in Bitcoin! I also pay for day to day stuff in fiat - and sometimes in Bitcoin - it is a slow move but it starts with saving imo
Such a great truth, the natural state of the market being deflation. So--why has the currency continually bought less and less for the last 100 years? Because--not only have they stolen the value of the currency, but also the value of all the innovation, efficiency, and economy of scale brought into the market. It's all been stolen. And the market HAS been deflationary all the while--FOR SOME. BTC now brings that deflationary reality to the average man and woman THAT'S the huge breakthrough.
There is only one truth why Bitcoin moves up. There are only 21 million bitcoins in existence and no more are made . Gold, they still dig up around 700 tons a year. Money, they keep on printing. So more of it. So it all boils down to rarity and supply and demand . If demand goes up. Prices for Bitcoin will keep going up.
Bitcoin will become centralized and manipulated, just as gold, UNLESS the vast majority of users understand the fundamental rule (among some other important concensus rules such as proof of work) of bitcoin that limits total bitcoin to 21mil....AND it must scale in a decentralized way which it currently does not. Ultimately most users need to understand, evolve, and participate....otherwise centralized actors will convince and manipulate the sheep
Thanks for both the kind words and for the feedback! (I know this is what happens when you put stuff out on the internet) I watched this video back and although there are some interruptions I do think I gave Jeff enough space to share his thoughts (he also liked our conversation, that is the main feedback I need :) ) - I started this podcast to have conversations with people that inspire me and that I can learn from, and I am sharing the conversations here on TH-cam and in audio. As far as structuring conversations, asking the right questions etc. I am learning as I go - this is not an interview podcast, I want to trigger myself (and viewers/listeners) intellectually and just as in any conversation you sometimes need to break in or make a summary etc. But again, I am learning as I go. I appreciate everyone who watches and listens, it is very inspiring to see this channel grow. Thank you! 🧡
You both did a great just job! 😊
@@tammyhatcher7 thanks!
@@bramk
It would be wonderful if you would get the opportunity and the privilege and honor to interview with Michael Saylor 😇
@@tammyhatcher7 yes that would be amazing, on top of my list!!
I concur. The constant interruption is VERY Aggravating. You ask good questions but you interrupt him before he can finish his train of thought. Good interviewers are good LISTENERS!
People complaining about interruptions by Bram simply need to view this content as a recorded conversation instead of as a "formal" interview or platform for one side to speak, but instead an actual conversation that just happened to be recorded. That's what it felt like to me anyway. I found it useful, so thank you Bram for recording this and putting it out.
Exactly how I approach my podcast, thanks for sharing! Happy you enjoyed it 🙏🧡
Nice work Bram. Great to see you taking constructive criticism from your listeners with humility. Grow in the flow :)
Jeff Booth is on another level! It's awesome to have him on a great podcast like yours! Thanks!
Jeff Booth nails it again, as usual no surprise - just amazingly easy to understand facts. The natural state of a free market is deflationary. #jeffbooth #mymentor #protocols #bitcoin
Booth and I am here!!Every time I listen to him I learn something new.
The old can't fix a system from within the system! Love it!
@@boysenberrydracula3599 Can't lift a chair yourself if you're sitting on it
There is no better than Jeff Booth. Literally changed my world view.
Same!
Yep, him & Saylor accelerated my understanding that Bitcoin (& thus now Kaspa, same fundamentals, plus revolutionary BlockDAG tech) are in fact the two most fair, secure, & durable assets in human history.
Booth just keeps taking it to another level.
Thank you for being there Jeff & Bram..........
Our service to others is the rent that we pay for our space here on earth.....
🙏🙏🧡
Been listening to Jeff for a year and everytime he explains how technology drives prices down and how everything is going down in btc price still blows my mind everytime he explains it. This could be the greatest quantum leap ever for humans.
Yes!!
The tip of the iceburg.. huge !💯
Jeff Booth wow what a velvety void and velvety brain to go with it. I could listen to him all day.
I know right! Happy you enjoyed this episode 🙏
Jeff Booth is one Brilliant Man.
His Work is very interesting and he puts out great insights on Why Bitcoin Is So Important 🙏❤️
Sales tip. Save your pitch for mid stream. I understand your thinking but your not allowing for a flow state to be created in your listeners before the interruption of the sell. Likewise you need not verbally agree with a “yep” when your guest makes a salient point. Just stay silent until you are ready to speak. It’s not a normal conversation. This is ultimately very spiritual work and everyone wants to listen to the master. Who has thought through these complex problems beyond our normal capacity. I say this with the joy of watching and enjoying your interview. Thank you 🙏
Thanks for your feedback 🙏
Just rewatched. Have Jeff on again soon!
Will try!
Jeff Booth = Bitcoin Zen. Great interview!
I’m sure Jeff is referring to the “The Structure of Scientific Revolutions” by Thomas Kuhn. How we build mental models and how they become obsolete in time when they can’t explain reality anymore. How people are reluctant to adapt new paradigms because they don’t resonate with their prior belief system. This is seminal book for all innovators and understand the change in perception of new advancements. A must read for everyone
thanks for sharing!
Thanks for your comment. A mindset change tweaked. I'm guilty of doing the same thing, expecting different results, when the reality can't be explained anymore. Perception and old beliefs are really hard to change. Perhaps this is why its difficult to orange pill the masses.
LOVE JEFF BOOTH 👍🔥❤
Great interview. Thank you very much, Gentlemen. Jeff Booth is a true diamond in a field of gravel. Next time, I would appreciate letting him develop his thoughts more freely and uninterrupted. I am looking forward to seeing a sequel real soon. 😀
Thanks for sharing! Check the pinned comment :) this already was a sequel, check episode 010 :)
@@bramk Yes, thanks a lot. Then I'd like to see another sequel. 😀
I’m just an old guy Bram. Came her to get a different viewpoint. You did a good job bringing up good topics with Jeff.
Thank you.
Not just an old guy! A Bitcoiner :) thanks for watching 🙏
Excellent episode and I love Jeff Booth. He breaks it All down in such simple truth. Thankyou
Love your show. One suggestion. Try not to interrupt or talk over your guests. Breathe. Give it space. Be like Joe rogan and WAIT a few seconds before you interject. Allow the guest to finish their thought. Otherwise, awesome shows. My new favorite Bitcoin podcast
Thanks! And thanks for the feedback - I am learning as I go :) it’s hard sometimes to channel my own enthusiasm ;)
Dude, keep up the amazing work. Great guests, awesome content. You are on a roll. As I said, you can be the next Rogan if you let the guest roll a bit before you jump in.@@bramk
So glad you got Jeff Booth on again.
Im only a few Months into Bitcoin and thanks to Jeff Booth have wasted no time converting my gold into Bitcoin.
Your interview style is fine and your allowing enough time for your guests to speak.
Love your chsnnel Bram.
Watching from across the pond in kangarooland, meaning Australia.
Oi oi oi! Thanks for sharing your story, love that Jeff inspired you so much - we’re on the same journey!
Great show. Reading Jeff's book was a great entry to the rabbit hole for me. I love listening to his interviews
Thanks! Yeah ‘The Price of Tomorrow’ is legendary!
Great conversation - i always love listening to Jeff - thanks for sharing, keep the channel going
More to come! 🧡🙏
Bram, you are getting fantastic guests. I’m listening to more and more of your interviews. 👍 - Please- let the guests speak without interruption. It was extremely uncomfortable watching you interrupt Jeff. We are watching to hear him. When you know he has finished his point - take a breath and then slowly bring the next question. Think about some of your favorite Saylor interviews. The best interviewer’s give Saylor the space to run with his thoughts..
couldn't agree more. I know Bram is just enthusiastic, but the interruptions are still very frustrating.
Hey Bram, heb al tamelijk wat interviews van JB beluisterd. Jouw interview vond ik zo interessant dat ik hem 2 maal beluisterd heb. Top gedaan en dankjewel voor de tijd en moeite die je erin gestoken hebt! Veel succes verder
Wauw!! 🧡🧡🧡
Excellent eposide, Bram. I love listening to Jeff. He's got such a macro big-picture perspective, and his examples of "let's play this out" are always based on first principles. Awesome interview!
Glad you enjoyed it! Thanks
OH ! What insight and wisdom Jeff Booth has...I feel I m reborn to understand THE BITCOIN !!
Thoughtful and thought provoking discussion by two very sensitive and self effacing men, asking deep questions about yourselves and helping us in the audience to connect to more understanding within ourselves.
With a rise in consciousness through Bitcoin, the changes will be exponential .. give the new system some more of your time and Our future is in good hands - in our hands, we are unstoppable.
Thanks for sharing! I appreciate your kind words! 🧡🙏 @bigseanharris2455
New mythical character: Early morning Jeff
"Money existed before the State, Bitcoin separates money from the State, Bitcoin kills the State". Max Keizer.
THANK YOU BRAM AND JEFF, WHAT AN INCREDIBLE AND INSIGHTFUL INTERVIEW 👏 ❤
Thank you! Happy you enjoyed it!
As a late Boomer you are doing a noble act enlightening millennials. Include the Gen Ys, Zs and all younger peeps in your cause.
thank you! Trying to do my part :) Happy you are into Bitcoin!
Beam, please allow your guest to express himself without constantly interrupting him. He is so remarkably deep and we all miss out on what is conveyed. Thank you
I am learning as I go :) and I am not an interviewer ;)
Lucky you Bram, Jeff back so quick! Goed gedaan, mijn orange piller
🙏🙏🧡
Wow, lots of self-reflections for me after watching this. Thank you 🙂
Perfect!
@jeffbooth you always bring so much to my understanding and concept of bitcoin and what it really is and what it enables and what’s ahead and I thank you for all your efforts. I truly appreciate them and you’re touching many people deeply in a clear manner they can understand which is obviously so important, thank you
What an incredible interview, i thought i liked bitcoin but I understand that so much netter now. Jeff Booth is the man
happy you enjoyed it!
Great show!🎉
Glad you enjoyed it!
Like, shared en subsribed.
Keep creating this beautiful content and spreading the word.
Thank you and welcome !
Thank you for the conversation. Makes sense.
There’s never a bad time to buy BTC. I started buying in 2021 and saw my P&L drop. I didn’t sell anything. Now in 2024, my P&L is +154% and I still won’t sell. It’s left in cold storage and there it’ll stay.
This the way 💯
@@bramk I forgot to add, I'm buying more DCA monthly, alongside gold and silver.
Great interview man! Jeff is on fire love hearing from him!
When a technological change happens, grab a hold and grow with it! Thanks Jeff! ❤❤ With gratitude!
I really appreciate Jeff in the bitcoin space. does his model of a free market where prices fall to zero take account for the population growth in such a society?
Well if things you need to survive are more affordable you will also have the mental and financial space to raise a family?
As per others....and WADR, please let your guest speak with only very rare interuption. They are the ones most people surely want to listen to. Peace.
Thanks for your feedback! See the pinned comment
JB is a top guest. Makes a ton of sense. Bitcoin is a rising consciousness. Thanks.
happy you enjoyed it!
1 of the biggest names on your show. Nice one.🎉
Thanks! 😃
Separation of money and the state is the boggest revolution, and Bitcoin is one of many ways to do this
Bro please allow your guest to speak to the audience and stop interrupting. I am here because of Jeff not you…
I am not an interviewer sorry - and learning as I go! Let me know when you start your own channel :)
@@bramkSelf awareness helps
@@bramkactually some interuption is good because it forces the guest to further analyze their own ideas. Many guests just repeat the same thing they have said before on other podcasts. Trick is to have good questions lined up for the guest
Actually Booth interupts more before host can complete a statement/question
Exactly! I am trying :) @@weslee511
I would love to see Jeff Booth talk with Curtis Yarvin.
Stop interrupting your guest, Bram! Otherwise great interview!
Sorry I am just as enthusiastic about Bitcoin as my guest - and I am not an interviewer ;) Also, learning as I go.
All the best to you!@@bramk
@@ryszardmacko6306 thanks!
@@bramkwith all due respect, I honestly admire your depth of understanding and enthusiasm for Bitcoin but enthusiasm for the subject is not a good excuse for interrupting your guest speaker frequently. If you are learning as you go, you should be patient enough to listen and let your speaker complete his line of thoughts instead of interrupting frequently. Please do not take this as a mean criticism but a genuine positive feedback from someone who came across this channel by chance and listened to the conversation till the end of the interview despite the frequent interruptions. You asked for rating and feedback at the end of the video. I would rate the content very highly absent the frequent interruptions.
thank you. I am learning as I go :)@@henryejere4927
Amazing insights as always Jeff Booth
you should make a video about how one can move into the new system. It’s such a “ego” death as you two speak about. That it’s hard to try to translate your day to day into this system.
Good idea!
Jeff Booth blowing minds
THERE IS NO THEY, ONLY US!
I love it.
That was great! Loved that quote
The legendary Jeff Booth!!!! Thank you both for everything you do!!!!!!🤎
🙌🙌🙌
Great show Bram, Jeff is awesome. P.S. I am a booma!!👍🇦🇺
Happy you enjoyed it!🧡
Been listening to your podcasts for a few months. Just subscribed from this EP. Love ya work big fella. Keep it up, very insightful thoughts
Thanks and welcome aboard!
I've only started learning about this a couple of weeks ago and it's a bit overwhelming. It's difficult to switch gears but I'm seeing that I need to. Good video.
You can do it! Thanks for sharing your experience - it is definitely hard but the fact that you are aware of that is 💯
Amazing episode!!
🙏🧡
@@bramk love your channel Bram. I am highlighting cool things about bitcoin is it cool with you if I make a couple Shorts from your interview with Jeff?
@@satdaddy thanks! Yes I'd be honoured!
@@bramk awesome thanks!
Great interview. Appreciate the good job you did with Jeff's mic.
Haha
How do we buy Bitcoin please ??
Google: “buy Bitcoin in [your country]”
@@bramk OK thank you.
Jeff Booth is a favorite. The idea of deflation (prices always falling) being the norm sounds so strange today. But think about it for like one nanosecond and it is so obviously true. The question then becomes how and why have we been so conditioned to believe the opposite? The other bit of nonsense is that money must earn interest. But why? If prices are falling then the longer we save the more we can afford and saving for retirement becomes simple and foolproof. So why have we been conditioned to believe the opposite? Same answer! The more you learn the better bitcoin looks.
💯💯💯💯
Deflation and prices falling forever was not possible in monetary history. Because all forms of money that people used in history did not have absolute scarcity. Every form of money could be manipulated and produce unlimited even gold. Bitcoin is the first form of money that enables absolute scarcity
Really enjoyed that thank you so much!
Glad you enjoyed it!
Hey, very interesting Conversation. Thank you for the time
You say the Natural Way is Price deflation unless you can prove it. Yet over the last 80 plus years it has inflated at 2% per year equals 160%+. Everything cost more today? Please clarify. J
Hey! That is the entire point. The fact that the money is being debased (printed) means that prices go up (inflation) while you can rationaly argue that prices should go down due to technological advancements. Your probably paid for a physical calculator back in the day. Now, that is free. Another example is that it’s like a joke when people say: “bread use to cost 25 cents” - does it make sense a bread is $/€ 4 now?
I wish I had a sat for every time Jeff was interrupted..
No freebies here sorry
So..self-interest of those who own bitcoin in an ETF...they will withdraw their bitcoin in an ETF if it starts to centralize their investment by rehypothication, correct?
There needs to be a show titled bitcoin for everyone.
This show is for everyone :)
@@bramk but the title says for millinials.
@@freyawildesciencefictionau8156 I mainly want to educate my generational peers but of course the content is applicable for everyone :)
Will the BTC ETF's have a negative impact on BTC in the long run?
No
Booth always gives the non god thing. So slow makes a lot of sense
Great convo Bram
Thanks!
But the Lightning network contains 4500 bitcoin NOW, compared with 5500 a year ago. It doesn´t look like it is EXPLODING?!
Good content Ty!
Glad you enjoyed!
Yeah well, concerning altcoins, there are projects out there that make way more sense than bitcoin from a technology perspective... ICP (Internet Computer), ATOM (Cosmos), VeChain, Propy, XRP, XLM, XDC, Swftcoin, HBAR, Fetch AI, Limewire... just to name a few
Totally missing the point, is the point ;)
All of these are pump and dump scams controlled by CEOs and private foundations.
Good job my fellow node
BUT...could rehypothication at the bitcoin ETF level centralize and hinder bitcoin?
Using Bitcoin as the collateral in rehypothication still incentivizes the transparency
Come on! let Jeff talk don’t cut off let him talk! If you haven’t got important point just listen👂This guy is new Adam Smith.
Thanks for the feedback - check the pinned comment :)
Excellent interview! I just wish more time was spent on explaining how all altcoins are all inferior to Bitcoin.
Bitcoin is a protocol that can only be invented once. The choices for security and decentralization OVER speed are deliberate. Altcoins are trying to “make a better Bitcoin” but they are missing the point because they view it as a technology. A protocol - a set of rules - is a totally different thing.
Enlightening! Thank you
Glad it was helpful!
great job, jeff is the GOAT
🤝
Hi Bram,
Je stelt mooie, goede vragen. Super, voegt iets toe aan podcastland.
Ik zou het waarderen als je in de titel altijd de naam van de persoon die je interviewt, zou kunnen vermelden. Niet iedereen kent iedereen van gezicht.
Dank! Ik heb dat een tijdje gedaan. Nu tijdje niet. Probeer TH-cam uit te vogelen :)
You don't have enough broad-based understanding of economics to be interviewing this guy effectively.
Ok Scott thanks
Thx
Any time!
I wish someone would explain what "moving into the Bitcoin world" or the "new reality" looks like for someone who lives paycheck to paycheck. I have not gotten a good answer. I have been attacked, insulted, ridiculed and accused of all sorts of things I never said..., but no one has been able to give me a clear answer. I can imagine what it looks like for someone like Jeff who is already wealthy, but that does not represent the vast majority of people. So, I will ask again, what does "moving into the Bitcoin world" or the "new reality" look like if you live paycheck to paycheck?
Great question. I will share my thoughts: If you live paycheck to paycheck it is of course hard to use Bitcoin as a savings mechanism because you don’t have excess money to save - of course every situation is different but I think people can do 2 things: 1 is learn about and realize that the fiat world is designed against you and that you have been influenced and programmed to participate in it (mostly unaware). What can you change in your behaviour or perceived wants? 2. If you do not earn enough money it is essential to upskill yourself to escape the bracket you are in right now. The internet is full of free education. Next to that, perhaps you are in the wrong location and there are other places where you would be better off. The former is easier than the latter of course. Just my 2 cents. Let me know what you think?
If you have the ability to change and have motivation, don't quit your job, just add another one to obtain more fiat currency. Take the extra income, however small amounts, and learn to buy bitcoin every week/month/year. eventually you will accumulate enough to get .20 Bitcoin, when that happens, your retirement will be secured. I you learn about the alt coins, investing $200 dollars at the right time could give you a way to convert your small investment into a small fortune..... learn to invest in crypto asap.
@@bramk thank you for your reply. This is all very good advice. I was actually orange pilled around 2018. I have been accumulating (slowly) since then and using Bitcoin as savings. Maybe I need to be more specific. I have 4 boys, and an amazing wife who homeschools them. I own a small business and a storefront, so we do okay. What I mean by living paycheck to paycheck is living on fiat for everything meaningful in my life. I pay my electric bill, utilities, car payments, rent, food, health insurance, etc all in fiat. I go out to eat and pay in fiat, I go on vacation and buy plane tickets in fiat. I will probably never have enough Bitcoin to live off it unless it goes to $500k or something crazy like that, but that is okay. I have considered only accepting Bitcoin in my store, I even worked with IBEX Pay to create a Woo commerce plugin to take online payments in Bitcoin but if I actually only accepted Bitcoin I would go out of business because even though I have spent considerable money promoting Bitcoin payments no one wants to spend their Bitcoin - even at a promenant Bitcoin conference that I sponsored... anyway.. I'm rambling.. I just wish I understood how someone like myself who has no choice but to participate day after day, week after week, month after month STRENGTHENING in the fiat system can "opt out" into the new 'Bitcoin system". Should I move to El Salvador? (only half kidding) Even if I could persuade all the local businesses in my community to start accepting Bitcoin, no one would pay in Bitcoin. "Spend and Replace" needs to be added to "stack sats and stay humble." Otherwise what good will having Bitcoin be when the governments take control of all the on and off ramps? Maybe I should try to start a Bitcoin meetup.... Anyway thanks for letting me rant..
@@rogarok5880 thank your the reply. Why .20 Bitcoin? just curious... Also, I appreciate your point on flipping alt coins for Bitcoin gains. I don't think there is anything more wrong with doing that than working for fiat money is.. I never really understood the logic of some Maxi's who think you are breaking some cardinal rule buy flipping alts to buy Bitcoin when their Bitcoin riches came from a fiat investment.
Thanks for sharing! You have started somewhere by saving in Bitcoin! I also pay for day to day stuff in fiat - and sometimes in Bitcoin - it is a slow move but it starts with saving imo
Great conversation!
Thanks Tom!
Jeff GOAT 🥲👌
Great chat!
thank you!
awesome interview
thanks!
Jeff has a great speaking voice let’s see AI try to duplicate those special tones😊
Sometimes I wonder who is more intelligent: Michael Saylor or Jeff Booth.
Such a great truth, the natural state of the market being deflation. So--why has the currency continually bought less and less for the last 100 years? Because--not only have they stolen the value of the currency, but also the value of all the innovation, efficiency, and economy of scale brought into the market. It's all been stolen. And the market HAS been deflationary all the while--FOR SOME. BTC now brings that deflationary reality to the average man and woman THAT'S the huge breakthrough.
How our country currencies steal: Taxes, Inflation, the theft of the benefits of technology.
Great content🎉
Appreciate it!
There is only one truth why Bitcoin moves up. There are only 21 million bitcoins in existence and no more are made . Gold, they still dig up around 700 tons a year. Money, they keep on printing. So more of it. So it all boils down to rarity and supply and demand . If demand goes up. Prices for Bitcoin will keep going up.
21M
God says Bitcoin is Good
Yes! Jeff!
🧡
Bitcoin will become centralized and manipulated, just as gold, UNLESS the vast majority of users understand the fundamental rule (among some other important concensus rules such as proof of work) of bitcoin that limits total bitcoin to 21mil....AND it must scale in a decentralized way which it currently does not. Ultimately most users need to understand, evolve, and participate....otherwise centralized actors will convince and manipulate the sheep
Its just unwatchable, i stopped after 20 minutes,i told him once already to stop interrupting, he didnt listen
Thanks for the feedback - let me know when you've started your TH-cam channel and I'll check it out.