• About Us
  • Privacy Policy
  • Contact Us
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptounfold
No Result
View All Result
Home Bitcoin

Owning Bitcoin “Is a Must” Says Price of Tomorrow Author, Jeff Booth

by admin
September 16, 2020
in Bitcoin
0
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter


Related Posts

3 Lessons From The Oslo Freedom Forum: BTC Is Different – Neigut, Alden, Feinstein

Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?

El Salvador, Unfazed By The Bear Market, Buys 80 Bitcoin – Will Others Do The Same?

Bitcoin Trading Volume Sinks Down Almost 60% In 9 Days


Bitcoin is a first of its kind financial technology born out of the Great Recession. It is designed specifically to be opposed to everything central banks stand for.

It’s for those very reasons that The Price of Tomorrow author Jeff Booth believes that Bitcoin “is a must” to own to preserve one’s wealth and act as a “life boat” in the future.

What Is The Price of Tomorrow?

Jeff Booth is an entrepreneur that built his empire successfully during the dot-com bust and later amidst the Great Recession Bitcoin was also born from.

Booth is a firm believer in utilizing technology for positive change and in improving financial inefficiencies. He also recently released a book at the start of 2020 called The Price of Tomorrow: Why Deflation is the Key to an Abundant Future.

RELATED READING | WHAT TO EXPECT FROM BITCOIN FOLLOWING THIS WEEK’S FED MEETING

The book touches on several topics that have only become more relevant since the book was published. There’s a full chapter dedicated to “Printing Money” – a topic especially important considering today’s Federal Reserve meeting where chair Jerome Powell will address the rising inflation rate.

The rest of Booth’s book reference themes surrounding Bitcoin, such as deflation and technology. And although the book thematically aligns perfectly with the cryptocurrency, it is in a recent Twitter thread where the book’s author calls attention to Bitcoin.

6) In my humble opinion – Bitcoin is a “must” Not just for your wealth but as a lifeboat. Please do your own research. Follow @PrestonPysh @johnkvallis @RaoulGMI @APompliano @Breedlove22 @princey1976 @PeterMcCormack @MartyBent @LynAldenContact

— Jeff Booth (@JeffBooth) September 16, 2020

Why Bitcoin is a Must For Wealth Preservation

In a detailed Twitter thread, author and BuildDirect co-founder Jeff Booth discusses how “brutal” the coming “unwind” will be from whatever damage is done to the fabric of the economy, thanks to ongoing stimulus efforts and money printing from central banks.

Booth says there are only two paths: a path of defaulting into a depression where the central banking system collapse, or through hyper inflation.

Central banks won’t give up their control, so the burden will be the world’s to bear. But Booth says, in his “humble opinion,” is where Bitcoin comes in to save the day.

RELATED READING | CAN BITCOIN FIX WHAT TOP ECONOMISTS SAY CENTRAL BANKS CANNOT SOLVE?

The author claims that “Bitcoin is a must” for wealth and could act as a “lifeboat,” but doesn’t explain for what. However, the comments stack up alongside a recent report from Fidelity Digital Assets calling Bitcoin an “insurance policy against the unknown.”

Others are relying on the asset as a hedge against the coming inflation that Booth warns of.

Bitcoin was designed to be decentralized and exist outside of the government or banks’ control. But beyond that, it was built with deflation in mind, with only a supply of 21 million BTC to ever exist.

Although the price of tomorrow is currently unknown, the cost of protecting oneself from inflation is current priced at just under $11,000 for each BTC.

BTCUSD Monthly Price Per BTC Currently $10,900 | Source: TradingView
Featured image from DepositPhotos, Charts from TradingView





Source link

Tags: AuthorBitcoinBoothJeffOwningPriceTomorrow

Popular

Press Release

A Multi-Currency Wallet For All Your Crypto Needs

by admin
June 29, 2022
0

CCTIP: A Multi-Currency Wallet For All Your Crypto Needs KOWLOON CITY, HONG KONG Tue Jun 28 2022 03:45:00 GMT-0400 (EDT)...

Read more

Fat Cat Killer ($KILLER) is now listed on Bitmart!

June 28, 2022

DeFi Skeptic Aspires to Make the Decentralized World Better Through Increased Transparency and Information.

June 28, 2022

Anchorage Digital to Introduce Ether Staking for Institutions as Move to PoS Approaches

June 29, 2022

Will emergence of this unique young Crypto star bring new hope for the Crypto world.

June 28, 2022

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • 3 Lessons From The Oslo Freedom Forum: BTC Is Different – Neigut, Alden, Feinstein
  • Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?
  • Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities
  • What Traders Are Saying About Bitcoin's Biggest Monthly Loss in 11 Years
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptounfold.org

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptounfold.org

  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$49,095.002.28%
  • ethereumEthereum(ETH)$3,384.05-0.62%
  • HEXHEX(HEX)$0.1290085.45%
  • cardanoCardano(ADA)$2.18-2.77%
  • tetherTether(USDT)$1.00-0.27%
  • binancecoinBinance Coin(BNB)$425.46-0.83%
  • SolanaSolana(SOL)$166.52-1.81%
  • rippleXRP(XRP)$1.04-1.73%
  • usd-coinUSD Coin(USDC)$1.000.74%