Everything said here has been said before, but everyone is becoming more direct about it. It's finally sinking in. Fiat is a control tool by the Elites (sounds like a conspiracy theory but the control valve was figured out thousands of years ago while clipping coins and its only been since Bitcoin we, the people, have a way to escape the slavery. Gold never worked because it was ALWAYS used as a way to settle the slaves - then it was slowly eroded in favor of the Elites.
That must be the best video about Bitcoin I have watched in a lonnnnggg time! So frustrating but so good to remember we came into Bitcoin out of greed but stayed for the revolution! Love you guys!
Danny, Peter, Alex, Jeff - your passion to help people adopt Bitcoin anywhere in the world is like a contagion. Catching on everywhere and there's no antidote. BIS, IMF, WB, UN - can't stop this. They are dying and they don't know it yet. BTC marches on - from the bottom up. Thank you for empowering, enabling and educating.
Cleaning the audio at that elevation and with the unbelievable background noise mid flight... I applaud the endeavor. Everytime Jeff breaks things down to their basic reality, I am blown away... he is like a new age Socrates... there is none wiser in the land than jeff booth!
Geoff and Alex need to write up the steps for everyone watching this to use to store their wealth and how to exchange their wealth outside of the USD financial system. This is a must for all Bitcoin evangelists.
As I do my fiat thing here in sleepy Edmonton Canada (and convert it to BTC as fast as I'm able), it takes shows like this to keep me motivated that the world is changing and fast. Well done Gentlemen. 👊👊
Sorry Jeff, I should have spelt your name correctly. You presented a very easy way of understanding macro financial processing from a fiat and then Bitcoin perspective. Thank you.
Really interesting and insightful. Two questions arise. If competition will drive prices down to the marginal cost of production won't it drive wages down to subsistence levels too? And the other question I pose to all free marketeers. Surely in a free market there are no immigration controls or borders?
52:00: Mate, never stop asking insane questions. Insane maybe to experts who know exactly how these systems work, but those questions are invaluable to newbies.
Everybody should see this. If you are new to BTC and Jeff is to blurry for you, you should study him. If you do everything happening in the world makes a lot more sense.
I now understand how the United States and other wealthy countries have extracted the economic energy of so many human beings around the world. Makes me sad and now mad.
This sounds like Ludwig Von mises what has government done to our money.... im glad satoshi nakamoto came around and invented/discovered BTC. state and money should be separated like what the west did with religion separated it away from state.
How is a single mining machine hooked to the EV charging station going to be able to get any Bitcoin when it is competing against immense mining facilities for the same Bitcoin ... And with the halving coming along, even harder to get a reward. Can someone explain? Or is it transaction fees they will get and not Bitcoin?
😊great ideas and conversation! some math: $400T in debt worldwide divided by 8b people is $50,000 dept per person. Its a lot but its not that huge. It’s $100K for half the world. or $200K for the top quarter. Not great but not unmanageable and beyond control, as you seem to claim?
These guys are right on first principles, but none of this will happen to the degree they think until 10x their time frames - unfortunately! Case in point they mentioned Bitcoin 5xing this year...no maybe over the next 10 years
I don't see your comment as that negative, more pragmatic than a complaint. I appreciate that they worked with what they had, and I hope someone sitting next to them realized the amazing blessing they had the opportunity to witness.
What is happening to the Malawian citizens is actually happening to all citizens of countries that use the USD to measure its currency. The Austrialian, Canadian, New Zealand,.... citizens are all in the same financial system that the Malawian citizens are in. The middle and upper middle classes of these countries are loosing their financial wealth and economic power to the USD system of the IMF and Federal Reserve. The only way out of this is BITCOIN!!!!!!!!
I’m often quite critical of these bitcoin bros and the ‘twitterati’ in general. These people have often made names for themselves just by talking off the top of their heads without a deep knowledge or formal training in their field, and this podcast in particular tends to lap it up mostly quite uncritically. However, Gladstein in particular seems to have done his homework. I know Malawi. I’ve been there multiple times and have friends there, and Gladstein seems to get it. Good discussion overall. I wonder what your fellow passengers thought of it.
Inflation is not always a (government) crime. Some other uncontrollable forces like inbalances in supply & demand can also inflate prices. Several others. Also if a country cannot modify their own currency via a fed. fiat currency system, one must expect high fluctuations in currency value. In video he presents weighted opinions that are myopic. These are red flags.
Peter and Danny - This is one of the most impactful interviews you've done. Thank you.
Everything said here has been said before, but everyone is becoming more direct about it. It's finally sinking in. Fiat is a control tool by the Elites (sounds like a conspiracy theory but the control valve was figured out thousands of years ago while clipping coins and its only been since Bitcoin we, the people, have a way to escape the slavery. Gold never worked because it was ALWAYS used as a way to settle the slaves - then it was slowly eroded in favor of the Elites.
Definitely the most important WBD interview of 2023.
I emphatically agree!!
Jeff always gets a like, Alex is a plus
“Currency devaluation is a crime” and remember Jeff in past said “CBDCs are surveillance disguised as money”
I have to say, despite the noise, it's nice to watch and listen to them discussing on a flight. It feels like you are sitting there with them
Jeff and Alex are probably my favorite guests!
That must be the best video about Bitcoin I have watched in a lonnnnggg time! So frustrating but so good to remember we came into Bitcoin out of greed but stayed for the revolution! Love you guys!
This was brilliant! Wow! Wildly informative, and such a novel setting! This is proof of work, literally in the country observing it all. Crazy!
Great job Peter & Danny!
I see Jeff and Alex and immediately hit like.
Good title and good original/new content. Thank you.
Danny, Peter, Alex, Jeff - your passion to help people adopt Bitcoin anywhere in the world is like a contagion. Catching on everywhere and there's no antidote. BIS, IMF, WB, UN - can't stop this. They are dying and they don't know it yet. BTC marches on - from the bottom up.
Thank you for empowering, enabling and educating.
The most important WBD interview of 2023.
"Currency devaluation is happening all over the globe, it's just different rates of theft" 💯 Jeff is the GOAT!
That was excellent. Well done guys.
Listen to the whole thing it’s well worth it, you get used to the background noise.
Jeff is the man! #Bitcoin Only!!!
Outstanding podcast Peter.
Cleaning the audio at that elevation and with the unbelievable background noise mid flight... I applaud the endeavor.
Everytime Jeff breaks things down to their basic reality, I am blown away... he is like a new age Socrates... there is none wiser in the land than jeff booth!
Love the glass half full perspective. I too appreciated being able to hear understand rather than complain about the extra noise.
Wow - love that chat! Made me almost crying for anger and rage. Imagine not having bitcoin and decentralized networks like Nostr.
33:50 conversation about Bitcoin starts.
But you should listen from the beginning it's informative.
great pod...nice work!
This was great! Thanks guys
Love it! I woke up to this great episode!
Absolutely great content!!! And mostly constructive and positive comments. What a community 👍
Thanks dudes
This is the best WBD episode ever - Wakanda Forever 🥰
Always a pleasure listening to Jeff and Alex
Any footage of the Malawi trip?
Excellent discussion
These are my favorite 2 Bitcoiners. Insightful and wise. They understand the corruption and theft inherent to the system.
Taking podcasting to new heights 😆
This was very heart lifting… Thank you guys!
Amazing episode guys ❤
Awesome talk thanks so much.
Geoff and Alex need to write up the steps for everyone watching this to use to store their wealth and how to exchange their wealth outside of the USD financial system. This is a must for all Bitcoin evangelists.
This is a good one boys! Great work.
I need to read a book written by Alex Gladstein.
Fantastic book goes down another part of the rabbit 🐇 hole.
" Check your financial privilege "
"Hidden Repression: How the IMF and World Bank Sell Exploitation as Development" by Alex Gladstein
Check your financial privilege is amazing. The IMF and world bank book is on its way
So much signal and hope at 30,000ft. Thanks.
Another great episode. Bravo.
As I do my fiat thing here in sleepy Edmonton Canada (and convert it to BTC as fast as I'm able), it takes shows like this to keep me motivated that the world is changing and fast. Well done Gentlemen. 👊👊
Sorry Jeff, I should have spelt your name correctly. You presented a very easy way of understanding macro financial processing from a fiat and then Bitcoin perspective. Thank you.
Wonderful show/ Weird opening seatbelt shot ;))
You guys are amazing 👍
I see Jeff Booth I click play
Man, i am so bummed i watched this incredible content so late! I am gonna share the Hell out of this one. Well done lads, well done!
Really interesting and insightful. Two questions arise. If competition will drive prices down to the marginal cost of production won't it drive wages down to subsistence levels too? And the other question I pose to all free marketeers. Surely in a free market there are no immigration controls or borders?
Wild! Love all the guys.
Jeff booth!!!!
52:00: Mate, never stop asking insane questions. Insane maybe to experts who know exactly how these systems work, but those questions are invaluable to newbies.
Bitcoin is not an investment. It is a transition.
Everybody should see this. If you are new to BTC and Jeff is to blurry for you, you should study him. If you do everything happening in the world makes a lot more sense.
brilliant discussion to peace a lot of knowledge together !!!!!!
Two incredibly intelligent men were interviewed by a genuinely curious host!
Did they rent this flight? Great interview, by the way.
Absolutely phantastic Kontext! Greatful thanks!
So much hope
I listen to Jeff Booth always. What would Jeff do?
Excellent
Audio a little rough but interesting idea. Good effort, I think orange pill did a plane video maybe hook up with them on tips
Audio is completely fine to me
I now understand how the United States and other wealthy countries have extracted the economic energy of so many human beings around the world. Makes me sad and now mad.
Buy bitcoin
Will do.
Jeff is the man
First interview I've ever seen on a goddamn airplane 🤣
Ridiculous amount of truth bombs being dropped on this airplane lol
Can you please remove the high pitch noise coming from the plane in postprod?
Few. So so few. It's staggering how early we are.
We want to hear Jeff speak
To escape the local tyrannical ruler has been the game for thousands of years 😮
This sounds like Ludwig Von mises what has government done to our money....
im glad satoshi nakamoto came around and invented/discovered BTC.
state and money should be separated like what the west did with religion separated it away from state.
make this thing big, guys, make it last!
Hard to listen to this. Much injustice with the current system.
This is why Bitcoin only
Yes sir yes sir
How is a single mining machine hooked to the EV charging station going to be able to get any Bitcoin when it is competing against immense mining facilities for the same Bitcoin ... And with the halving coming along, even harder to get a reward. Can someone explain? Or is it transaction fees they will get and not Bitcoin?
The way peter said that - I got 100,000 sats says he doesn't reread Price of Tomorrow.
I use chivo wallet and i have made some money with it and I have used it to buy land and properties 😊
😊great ideas and conversation! some math: $400T in debt worldwide divided by 8b people is $50,000 dept per person. Its a lot but its not that huge. It’s $100K for half the world. or $200K for the top quarter. Not great but not unmanageable and beyond control, as you seem to claim?
These guys are right on first principles, but none of this will happen to the degree they think until 10x their time frames - unfortunately! Case in point they mentioned Bitcoin 5xing this year...no maybe over the next 10 years
Yes Alex - it’s grassroots ❤
Did you guys just orange pill the entire plane?
My God 😮😢
Exploitation of Africacans to this day is utterly disgusting
Wow that was good
Incredible
"We have modern day slavery disguised as economics". 💡
fascinating
It's a shame this wasn't in a studio. Surely a plane is one of the worst places to record a podcast.
Stop complaining. Maybe it was the only opportunity they had. Something is better than nothing.
Those people making $100 a year and you’re completely about plane noise. You’re soft.
I don't see your comment as that negative, more pragmatic than a complaint.
I appreciate that they worked with what they had, and I hope someone sitting next to them realized the amazing blessing they had the opportunity to witness.
What is happening to the Malawian citizens is actually happening to all citizens of countries that use the USD to measure its currency. The Austrialian, Canadian, New Zealand,.... citizens are all in the same financial system that the Malawian citizens are in. The middle and upper middle classes of these countries are loosing their financial wealth and economic power to the USD system of the IMF and Federal Reserve. The only way out of this is BITCOIN!!!!!!!!
This is another version of economic hitmen... 2.0.
Deeply deeply Disturbing
I’m often quite critical of these bitcoin bros and the ‘twitterati’ in general. These people have often made names for themselves just by talking off the top of their heads without a deep knowledge or formal training in their field, and this podcast in particular tends to lap it up mostly quite uncritically. However, Gladstein in particular seems to have done his homework. I know Malawi. I’ve been there multiple times and have friends there, and Gladstein seems to get it. Good discussion overall. I wonder what your fellow passengers thought of it.
How about a 30k feet view of Gaza? Do they use BTC there to buy flour or to save?
I got to say that the Houthis in Yemen are coming up with an ingenious way of increasing Israel's import costs. Good on the Houthis.
💯👏👏👏👏
Great idea BUT…THE AUDIO IS HORRIBLE! Just my .02 sats
Inflation is not always a (government) crime. Some other uncontrollable forces like inbalances in supply & demand can also inflate prices. Several others.
Also if a country cannot modify their own currency via a fed. fiat currency system,
one must expect high fluctuations in currency value.
In video he presents weighted opinions that are myopic. These are red flags.
I wouldn't count world debt in seconds. Maybe divided by a lifetime income of an average person.
Its painful knowing bitcoin fixes humanitys biggest issues but everybodys so brainwashed into the current system they just dont see it 🤷🏼♂️🤦🏼♂️
IYKYK
System will collapse, stack sats
So is Israel paying cheap labor, or are they paying a good wage for a contract worker that is being taxed by the home Country?
The earth is flat. Long live bitcoin.