Jeff Booth: The Power of the Free Market is in Few Hands, Bitcoin Fixes That

“We’re caught in this mirage of thinking that prices always have to go up or that our money has to be worth less each year for our system to work because we created a system like that,” he said.

article-image

Jeff Booth, entrepreneur and author of "The Price of Tomorrow"

share
  • Booth thinks our society is on a path where the power in the free market is being taken away and put into very few hands, but bitcoin provides the opportunity for the exact opposite system
  • As more and more people embrace bitcoin, you can see the real market of other prices falling against it because that is the free market, he said

Jeff Booth, entrepreneur and author of “The Price of Tomorrow,” joined Blockworks at The Bretton Woods: The Realignment conference and discussed the current state of debt, bitcoin and the free market. 

“The debt today is being monetized because the system must grow forever,” Booth said. Over $185 trillion of the global debt today was created during the last 20 years, he said. “All because we created a system that’s a credit based system, if you let the natural market happen it’ll fail,” he added.

“We’re caught in this mirage of thinking that prices always have to go up or that our money has to be worth less each year for our system to work because we created a system like that,” he said. 

The system can’t change itself and our society is on a path where the power in the free market is being taken away and put into very few hands, but bitcoin provides the opportunity for the exact opposite system, he said. “It’s the exact opposite because the system can’t change itself, technology often forces a system change that imposes itself on an existing system,” Booth added. 

As more and more people embrace bitcoin, you can see the real market of other prices falling against it because that is the free market, he said. 

Watch my full interview with Booth below.

Want more investor-focused content on digital assets? Join us September 13th and 14th for the Digital Asset Summit (DAS) in NYC. Use code ARTICLE for $75 off your ticket. Buy it now.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template (1).jpg

Research

As AI supercharges surveillance, privacy becomes a prerequisite and the winning stack will combine confidentiality with selective disclosure. Zcash’s Tachyon, composable standards on Ethereum/Solana, and compliance-aware pools aim to make private rails the new norm.

article-image

The state’s decision opens staking access to New Yorkers, signaling a regulatory shift toward broader crypto participation

by Blockworks /
article-image

The startup says it aims to rival Stripe and Worldpay by using stablecoins to speed merchant settlements from days to seconds

by Blockworks /
article-image

“S&P 500” for crypto comes as segment gains “established role in global markets,” S&P exec says

article-image

The S&P Digital Markets 50 Index combines 15 cryptocurrencies with 35 crypto-linked companies, offering investors hybrid exposure

by Blockworks /
article-image

Gnosis is betting that openness — not ownership — will define the future of onchain money

article-image

Crypto’s quest to imbue shareholder protections for tokens