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JEFF BOOTH SAYS MEASURING BITCOIN IN TRADITIONAL CURRENCY KEEPS YOU IN A SYSTEM OF CONTROL.
A DEBT-BASED SYSTEM MUST GENERATE MORE DEBT AND CANNOT ALLOW DEFLATION, OR IT WILL COLLAPSE.
#Bitcoin #BTC #JeffBooth
A DEBT-BASED SYSTEM MUST GENERATE MORE DEBT AND CANNOT ALLOW DEFLATION, OR IT WILL COLLAPSE.
#Bitcoin #BTC #JeffBooth
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THE BOOTH THESIS | The Implied Value of #Bitcoin Today is $43,000,000
Attention! It's time to change the mindset about the valuation of $BTC
The technologist and author Jeff Booth explains it simply and brutally:
The market metric is NOT the current market capitalization, but the Global Balance Sheet ($900 Trillion) of assets that Bitcoin is designed to replace or serve as its base value.
The Mathematics of Scarcity:
Global Balance Sheet: Estimated at approximately $900 Trillion (includes gold, bonds, stocks, derivatives, real estate, etc.).
The technologist and author Jeff Booth explains it simply and brutally:
The market metric is NOT the current market capitalization, but the Global Balance Sheet ($900 Trillion) of assets that Bitcoin is designed to replace or serve as its base value.
The Mathematics of Scarcity:
Global Balance Sheet: Estimated at approximately $900 Trillion (includes gold, bonds, stocks, derivatives, real estate, etc.).
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