Jeff Booth on Bitcoin's Real Future vs What They're Selling You | Jeff Booth | BFM236

Jeff Booth is an entrepreneur and thought leader who is known for his insights on Bitcoin, technology, economics, and the future of deflation.› https://x.com/jeffboothPARTNERS🌳 Gain peace of mind with Onramp’s Multi-Institution Custody solution. Sign up with code BRAM to receive $150 in Bitcoin after your first deposit: https://onrampbitcoin.com/bram🟧 Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram - Sign up with code BRAM to get 10% off your feesPRODUCTS I ENDORSE› Get 10% off a Bitaxe open-source Bitcoin home miner using code BRAM at https://shop.powermining.io/?ref=BRAM› Heat your home and Earn Bitcoin with Heatbit - Get 5% off with code BRAM at https://heatbit.com/?ref=BRAM› Blockstream Jade Plus: The simplest and most secure hardware wallet on the planet - Get 10% off with code BRAM at https://store.blockstream.com› Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.com🔔 SUBSCRIBE TO GET NOTIFIED› https://youtube.com/@bramk⁠⁠› https://x.com/bramk🕑 TIMESTAMPS00:01 - Store of value vs medium of exchange01:42 - Why money always needed stores of value03:31 - Surveillance state risk, chain splits06:10 - Adoption pace, spending fiat vs Bitcoin07:25 - Choosing to spend Bitcoin now09:48 - Bitcoin adoption starts at the edges13:29 - Medium of exchange comes first sometimes17:40 - Asset mindset vs protocol mindset20:19 - Co-opting Bitcoin, why governments try22:48 - Internet bubble analogy, price vs network26:02 - ETF fork clause, is it a threat27:13 - Claim your agency, systems are incompatible34:01 - Core vs Knots, BIP 110 and incentives36:43 - Game theory, why most people cheat54:19 - Bitcoin as personal journey, in-group biasℹ️ EPISODE SUMMARYIn this in-depth conversation, Jeff Booth and Bram Kanstein explore the future of Bitcoin, its role as a store of value and medium of exchange, and the societal implications of adopting decentralized protocols. They discuss the technical, moral, and strategic challenges facing Bitcoin's adoption and the importance of individual agency in shaping the future of money.RELAI DISCLAIMERRelai sponsors this show/podcast and is authorized to provide crypto-asset services in Switzerland and across the European Union under the MiCA regulatory framework with its license issued by the French regulator, AMF (License No: A2025-006). The company is actively expanding its services to EU member states following the completion of passporting notifications.