WiM019 - The Booth Series | Episode 9 | Game Theory and Bitcoin

Jeff Booth joins me for a multi-episode conversation covering the concepts laid out in his book "The Price of Tomorrow: Why Deflation is Key to an Abundant Future" Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jeff's Twitter: https://twitter.com/JeffBooth Jeff's Book: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405/ref=sr_1_2?keywords=the+price+of+tomorrow&qid=1574403883&sr=8-2 PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:22 Geopolitical Game Theory 00:10:50 Prisoner’s Dilemma and Divisiveness 00:13:27 A Series of Prisoner’s Dilemmas 00:14:11 Solving the Byzantine Generals Problem 00:16:54 An Incorruptible Base Layer 00:20:37 Bitcoin Game Theory, In Practice 00:25:58 Fiat Currency: A “Race to Debase” 00:28:25 The Macro-Structural Game Board 00:29:48 Inflation is Falsehood 00:31:22 Soul in the Game 00:35:40 Risk and Reward 00:40:47 UBI: An Unwinnable Game? 00:49:57 Political Games 00:55:57 Gold: The Original Governor of Governments 00:58:54 Group Identity Politics 01:01:55 Gratitude’s Gravity 01:03:12 Jeff’s Greatest Lesson… SOCIAL Twitter: https://twitter.com/Breedlove22 LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ Medium: https://breedlove22.medium.com/ All My Current Work: https://linktr.ee/breedlove22​ CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Patreon: https://www.patreon.com/user?u=32843101&fan_landing=true