fitpaula3 on Nostr: 🎧I need to listen to Jeff Booth over and over to grasp some of his concepts. ...
🎧I need to listen to Jeff Booth (npub1s05…eyhe) over and over to grasp some of his concepts.
🧡”If #Bitcoin is not a medium of exchange it fails as a store of value.” - Jeff Booth #Nostr
It fails on all levels because the centralized system that we make stronger (pricing BTC in fiat) is extracting wealth to stop inflation.
Jeff says it won’t fail because of Bitcoiners who understand this but it helps to understand this. Thanks Jeff 🙏
Credit walker (npub1cj8…rz4u) podcast
🧡”If #Bitcoin is not a medium of exchange it fails as a store of value.” - Jeff Booth #Nostr
It fails on all levels because the centralized system that we make stronger (pricing BTC in fiat) is extracting wealth to stop inflation.
Jeff says it won’t fail because of Bitcoiners who understand this but it helps to understand this. Thanks Jeff 🙏
Credit walker (npub1cj8…rz4u) podcast