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Bitcoin for Millennials

The future of Bitcoin: AI, Deflation & Abundance | Jeff Booth | BFM111

26 Dec 2024

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Jeff Booth is an entrepreneur and thought leader who has lived at the forefront of technology change for 20 years. Currently, a general partner at Ego Death Capital, A Bitcoin-only venture fund, Jeff is known for his insights on Bitcoin, technology, economics, and the future of deflation. › Follow Jeff: https://twitter.com/jeffbooth › Jeff’s book ‘The Price of Tomorrow’: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405 SPONSORS 🧘‍♂️ Gain peace of mind with Onramp’s Multi-Institution Custody solution. Receive $250 in Bitcoin when you join via https://bfmlinks.com/onramp 🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.com PRODUCTS I ENDORSE › Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off: https://foundation.xyz/bram › Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5% 🔔 SUBSCRIBE TO GET NOTIFIED › YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ › Follow Bram on ⁠⁠https://x.com/bramk 🕑 TIMESTAMPS 00:00 Introduction and Personal Journey with Bitcoin 06:00 Understanding First Principles and Critical Thinking 11:48 The Role of Community in Bitcoin's Future 17:40 The Inevitability of Bitcoin's Growth 20:46 The Spiritual and Philosophical Dimensions of Bitcoin 23:48 The Risks and Challenges Ahead 38:21 Building a Parallel System with Bitcoin 39:07 Bitcoin as a Store of Value vs. Medium of Exchange 40:09 The Global Free Market and Bitcoin's Impact 41:32 Cognitive Dissonance and the Future of Bitcoin 45:13 The Role of Individuals in Bitcoin Adoption 48:59 MicroStrategy and Hyper-Bitcoinization 52:05 Barriers to Bitcoin Adoption for Regular People 56:12 S-Curve Adoption and Human Behavior 59:51 Liquidity Challenges and Bitcoin's Future 01:01:05 Deflation in a Debt-Based Monetary System 01:05:06 Measuring Bitcoin's Success 01:08:56 Bitcoin's Role in the Emergence of AI 01:14:42 Bitcoin as a Solution to Economic Disparities 01:15:38 The Future of Work in an AI-Driven World 01:16:29 Energy, Automation, and the Value Chain 01:20:24 Navigating the Transition to a New Economic Paradigm 01:27:01 Understanding Bitcoin as a Protocol 01:33:42 The Future of Bitcoin Companies

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