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"Work 10 HOURS A WEEK and Have a Superior Lifestyle" - Jeff Booth's Bold Bitcoin Prediction
In a recent discussion around Bitcoin and the psychological effects of the current financial system Robert Breedlove and Jeff Booth arrive at a set of staggering implications regarding the fiat system.
Because the fiat system is founded on the continuous printing of money and manipulation of interest rates. It is therefore built on fundamentally dishonest foundations.
For Jeff we are living in an inherently unstable system, which based on an already insolvent debt is only going to get exponentially worse.
Here is what Jeff had to say about some of the effects of this system on individual liberty. As the system contains deep seated flaws at its core a solution can never be found by attempting to resolve sections of the system at any one time. One example he provides is, that despite widespread protests against the banking sector following the 2008 crash the same people are still in charge at the top of the socio-economic ladder. Consequently the system moves on and the same problems are exacerbated.
For Jeff solutions will never be found within the old fiat system. Instead we must enter a new world that is based on a system of truth that cannot be manipulated by bad actors.
Here is what he has to say about living in a world that's based upon a decentralised system of truth derived from the permanent Bitcoin ledger. Based on this view it is only a matter of time before Bitcoin begins to play a more fundamental role in global finance as more and more people begin their Bitcoin journey and begin to contemplate the far reaching implications of this new technology. By literally cutting off the resource, specifically energy and money, that empowers the fiat system we can all play a more active and responsible role in the collective development of both ourselves and humanity as a whole
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