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

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 (11).png

Research

Union’s technical design brings measured improvements to crosschain interoperability. By combining a consensus-verified hub with novel constructs like state lenses and ZK proofs for client updates, Union achieves an interoperability protocol that is highly performant, trust-minimized, and scalable.

article-image

Fundstrat’s chief investment officer may be the apex bull

article-image

MetaMask now lets users create and restore wallets via social accounts

article-image

Filing seeks to expand regulated crypto exposure, with Coinbase Custody as fund custodian

article-image

Hyperliquid’s fundamentals continue to improve, yet its valuation remains discounted compared to other L1s

by Carlos /
article-image

A strategic VC move positions Polymarket for US return amid evolving regulatory clarity, according to Axios

article-image

Deal links Trump Media platforms with Crypto.com wallet and token rewards