Jeff Booth - Why Bitcoin Might Be The Only Thing That Can Save Humanity
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 24 October 2021
⏱️ 95 minutes
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Summary
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Transcript
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| 0:00.0 | It almost doesn't matter what governments do, technology is a greater force, and technology |
| 0:06.8 | is a greater force to lower cost or a free air time. |
| 0:10.3 | It took 185 trillion dollars of stimulus to grow the real economy by 46 trillion. |
| 0:16.3 | Four dollars of debt were leveraged for every one dollar of growth. |
| 0:19.7 | Could you ever pay back that growth and you can't? |
| 0:22.4 | If governments today said, okay, we're going to stop printing money. |
| 0:27.1 | What would happen? |
| 0:28.1 | Technology is the giant change. |
| 0:30.3 | There's nothing that could just stop it. |
| 0:32.1 | It's going to move faster and faster. |
| 0:33.7 | If you priced your world in Bitcoin today, you would see what we're talking about. |
| 0:38.4 | Everything forever, we've got cheaper and cheaper and cheaper in your terms. |
| 0:43.3 | It's strange, it's almost like this technology forces us to be the humans that we know we |
| 0:48.8 | should be. |
| 0:49.8 | Yet, our tendencies are to always go back and cut the corners and not do the right thing, |
| 0:54.7 | and Bitcoin is a weird technology to force us to do the right thing and show up, which |
| 0:59.9 | actually solves all of our problems for humanity. |
| 1:02.6 | Think about the number of people in this community that do that. |
| 1:07.0 | Bitcoin doesn't have a marketing department. |
| 1:09.2 | It has a whole bunch of people. |
| 1:10.7 | Every node, it's an emergent phenomenon that as more people understand it, it gets stronger |
| 1:16.9 | and stronger and better and better and that brings on more and more people in the change |
... |
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