[The author of "Tomorrow's Price" calls Bitcoin the only free market force and predicts that Bitcoin prices will fall]
Jeff Booth, author of "The Price of Tomorrow: Why Deflation Is the Key to Future Abundance," believes that Bitcoin (BTC) is the only force that follows the natural state of the free market.
In a new interview with Natalie Brunell, Booth says we should be living in a deflationary world, where technology increases the purchasing power of money by lowering the cost of goods and services.
Booth believes that Bitcoin is a game-changer because it is the only currency that can bring about a system underpinned by abundance.
He said that the natural state of the free market is deflation and that technology will make this deflation happen at an exponential rate. This deflation should not be feared because it is actually an influx of productivity that allows us to live abundant lives and do what we do. want to do.
Booth believes that what prevents this from happening is a system of control that takes power from you through theft, not an economic or political system. Everything in the existing system is stealing from you.
Booth predicts that all fiat currencies will forever depreciate relative to BTC because Bitcoin is the only currency designed to eliminate inflation. He believes that Bitcoin is an energy-bound protocol, an open, decentralized and secure protocol that doesn’t care if you want to price it through a manipulated currency, it just keeps going.
He emphasized that relative to Bitcoin, all prices are falling and will always fall because it is the only free market force that exists and everything else in the system is not. This is a control system.
