WiM017 - The Booth Series | Episode 7 | Mind, Power, and Risk

Jeff Booth joins me for a multi-episode conversation covering the concepts laid out in his book "The Price of Tomorrow: Why Deflation is Key to an Abundant Future"

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Jeff's Twitter: https://twitter.com/JeffBooth
Jeff's Book: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405/ref=sr_1_2?keywords=the+price+of+tomorrow&qid=1574403883&sr=8-2

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

OUTLINE
00:00:00 “What is Money?” Intro
00:00:05 NYDIG
00:01:22 Relativity of Information and Entropy
00:05:35 AI in Healthcare
00:09:22 Inflation Suppresses Entrepreneurship
00:11:42 The Free Market: A Global Error-Correcting System
00:17:41 Does Bitcoin Need Public Buy-In?
00:22:30 Belief Systems and Human Organization
00:25:00 Filtering Ideas: Bitcoin and Climate Change
00:32:59 Machines are Learning Exponentially Faster
00:36:59 The Simulation Hypothesis & Superintelligence
00:39:00 Data Mining and AI
00:42:50 Geopolitical Power & General AI
00:45:24 “What Do you Want and Why?”
00:51:46 Egotism and Self-Deception
00:53:37 Entrepreneurship: Living on the Edge
00:57:19 “Go Where the Truth Is”
01:00:01 Advantage of the Beginner’s Mind
01:03:24 Distorting Creative Destruction
01:08:55 Fiat Currency Induces Systemic Fragility
01:12:15 Bitcoin: The Ultimate Asymmetric Bet
01:17:55 A Call Option on Everything
01:22:46 Interventionism Interrupts Error Correction
01:29:19 Debt Super-cycles End Badly
01:31:41 The Tail Risk of Social Unrest
01:34:12 Bitcoin Error Corrects Gold
01:36:59 Debt and Equity, Space and Time
01:39:45 End

SOCIAL
Twitter: https://twitter.com/Breedlove22
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
Medium: https://breedlove22.medium.com/
All My Current Work: https://linktr.ee/breedlove22​

CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Patreon: https://www.patreon.com/user?u=32843101&fan_landing=true