This is a transcribed excerpt from the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they’re joined by Jeff Booth, author of “The Price Of Tomorrow” to discuss the lens through which he sees the investing world. and how Bitcoin will replace our current financial system.
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Jeff Booth: We have, I say the broader “we” because people want bitcoin to hit $100,000 tomorrow, people who are in this thought process, “What’s going on now? What’s going on, who is the only person that will that change? Who is one person I commit to that changes everything?” It doesn’t seem so.
It’s an emerging network that gets stronger and stronger, while the existing network gets weaker and weaker. This is really what you want in the transition of the network. Yes, it will be messy.
Two years ago I wrote something called “The Greatest Game.” And if you follow what’s happening in the best game on the existing system, it’s just unfolding exactly as I wrote it would happen in this article. And yes, this is an emerging system. it’s early It is an asymmetric bet, but it is much more than an asymmetric bet of money.
Everything about bitcoin, everything against bitcoin will fall in price forever. If you’re saying that the price of bitcoin will go up forever, what you’re really falling into is falling into the existing system’s error code.