I find it ironic that the of return that underlies the treasury model business requires Bitcoin to be a currency and that their own businesses impair that outcome. If they want to get away with the dangerous game they’re playing, I would suggest they start investing in the spend your bitcoin (not stablecoin) narrative and ecosystem very quickly.

En route to @BTC Prague for my first time. Really looking forward to it!

It’s wild that some people are selling Bitcoin to be exit liquidity for spaceX employees who will likely buy Bitcoin.

If the entire global economy runs on “credit money” (money that is lent into existence) and the entire parasitic structure of debasement faced a margin call through Bitcoin in self-custody, then wouldn’t “digital credit” face that same margin call if Bitcoin remained decentralized and secure?

For anyone in Bitcoin for some time, it may appear that its true essence - the one that changes the world…is being co-opted by fiat narratives. My belief is it only appears that way because the number of people starting their journey far exceed those further along. So, in larger groups, larger conferences, larger media platforms (X) the noise seems to outweigh the signal and in turn we amplify it because it is so outrageous that “others” don’t get it. If Bitcoin was to change the world, it would have to look like this as 8 billion people moved from a system based on control to one of freedom. Long way of saying the signal is still very much there - growing stronger every day.

Great view for my first F1 race today.

My keynote at Bitcoin Vegas.

Because prices fall to the marginal cost of production in a free market, AI will trend towards abundant and free. It is a horizontal and general purpose technology…..like electricity rather than a network effects driven company owned monopoly (like Amazon) and any “moat” will be short lived. The misallocation of capital from a fiat based system that misunderstands this is staggering.

Enjoyed doing this podcast with Lyn and Isreal and love how they are showcasing all of the people building on Bitcoin.

Fountain: Podcasts & Music

Build With Bitcoin • 100 - Bitcoin, AI & the Deflationary Future: Jeff Booth on Value Creation in a Chaotic World • Watch on Fountain

Jeff Booth returns to explore Bitcoin as a foundational protocol, the explosive innovation happening in layers, and its accelerating adoption aroun...

Universal high income sounds great to people who have no idea where money comes from or who benefits and who loses from the theft. Of course Elon would promote it.