Jeff Booth, author of The Price of Tomorrow and founder of Ego Death Capital, is clear in his message:
People should move more of their time into Bitcoin.
Booth, a long-time critic of debt-based financial systems, argues that technology and perpetual debt are fundamentally incompatible.
The illusion of stability
Global economic indicators, such as rising unemployment and record global debt—now over $337 trillion—underscore instability. Booth explains:
“When you go to a bank, the bank doesn’t have the money; it’s lent into existence, and then you pay an interest rate on that debt. So it sets up a system whereby the money has to grow forever. It has to be manipulated forever… If deflation happens from a debt-based system and prices fall, then the debt resets and everything built on that debt collapses.”
He asserts that free markets have never truly existed, as all major economic systems rely on some form of control.
Bitcoin as the first free market
Booth positions Bitcoin as the first genuine global free market, immune to manipulation. He states:
“If you had an open, permissionless, decentralized, secure protocol bounded by energy that couldn’t be changed by governments, then it would perfectly describe the first free market that has ever existed.”
He notes that, compared to fiat, assets like real estate are losing value in Bitcoin terms. Booth encourages:
“Learn Bitcoin and really understand it. Then buy it, spend in it, and move your time to it.”
Fear, control, and optimism
Booth attributes widespread economic fear to systems rigged in favor of monopolies.
He sees Bitcoin, AI, and robotics as creating a positive feedback loop for technological abundance. Booth maintains:
“AI, robotics, Bitcoin, they are a perfect symbiosis. They accelerate each other. In that world, you get richer and richer, even if you do nothing.”
Despite global economic anxiety, Booth remains optimistic about the future shaped by these innovations.
Agency and the future
Booth emphasizes personal agency:
“You personally have agency. Run a node. Spend in it [Bitcoin]. You don’t have to wait for anyone or ask for permission. You can just go.”
His firm, Ego Death Capital, was created so he could dedicate himself fully to Bitcoin.
Booth encourages others to follow suit, moving away from fear and toward building value in a truly free system.
