Jeff Booth, the author of the book “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” holds the belief that Bitcoin (BTC) is the sole entity that aligns with the natural state of the free market.

In a recent interview with Natalie Brunell, Booth expressed his view that we should embrace a deflationary world, where technological advancements enhance the purchasing power of a currency by reducing the value of goods and services.

According to Booth, Bitcoin is a game-changer because it is the only existing currency that can establish a system based on abundance.

“My perspective on Bitcoin is quite unique… The free market naturally leans towards deflation, and technology accelerates this deflationary process exponentially. We should not fear deflation because it signifies the flow of productivity towards us, enabling us to live abundant lives and pursue our desires…

Anything that hinders this process is not an economic or political system; it is a control system that thrives by taking from us… Once you grasp this truth, it becomes evident that everything in the current system is stealing from you.”

Booth predicts that all fiat currencies will continuously decline in value compared to Bitcoin since it is the only currency designed to eliminate inflation.

“Bitcoin is the only solution I have discovered that can shield you from this situation. It is not just a coin; it is a protocol that operates on energy. It is an open, decentralized, and secure protocol bound by energy. It is indifferent to whether you assess its value through manipulated paper currency or other means. It simply keeps progressing.

Therefore, in relation to Bitcoin, all prices are decreasing and will continue to do so because it is the only force in the free market that exists, while everything tied to the current system is not. It is a control system.”

At the time of writing, Bitcoin is being traded at $60,310, reflecting a 3.69% increase for the day.

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Disclaimer: The opinions expressed in articles published by The Daily Hodl do not constitute investment advice. Investors should conduct their own research before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be aware that any transfers or trades you undertake are done at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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