Episode Details

What if the system isn't broken—what if it's working exactly as designed… and that design is theft?

In this episode of Sat Chats, we sit down with tech entrepreneur, investor, and author Jeff Booth, who breaks down the core flaw of our global economy: inflation isn't a feature, it's a bug—and Bitcoin fixes it. Jeff explains how the natural state of the free market is deflation, and how our current system flips that logic on its head to benefit the few at the expense of the many.

We cover:

✅ Why deflation is good—and inflation is theft

✅ The biggest threats to Bitcoin’s decentralization (and how to fight back)

✅ Why Bitcoin is the first truly global free market

✅ How anyone—even the homeless—can escape chaos through Bitcoin

✅ How game theory, energy, and protocols create a fairer future

Chapters:

00:00 Introduction to Bitcoin and Stacking Sats

01:19 The Journey of New Bitcoiners

04:03 Understanding Deflation and Bitcoin's Value

06:54 The Impact of Bitcoin on Personal Finance

10:06 Bitcoin as a Global Free Market

12:40 The Emotional Connection to Bitcoin

15:34 The Role of Entrepreneurs in Bitcoin

17:49 Bitcoin vs. Traditional Economic Systems

21:06 The Future of Bitcoin and Its Protocols

23:48 Threats to Bitcoin's Decentralization and Security

30:40 The Nature of Inflation and Money Manipulation

31:44 Decentralization and Node Operation in Bitcoin

35:49 The Role of Nodes in Bitcoin's Security

36:49 Game Theory and Human Behavior in Bitcoin

41:11 Bitcoin as a Filter for Society

43:15 The Transformational Power of Bitcoin

46:56 Bitcoin's Deflationary Nature and Infinite Purchasing Power

50:47 Protocols and the Future of Bitcoin

52:49 Value for Value: Supporting Bitcoin Initiatives

We also dive into: the philosophy behind “any sats = infinite purchasing power”, why simply holding Bitcoin can hurt decentralization, what makes Bitcoin uncheatable—no matter how hard people try.

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Links for today’s Show Notes:

— https://x.com/jeffbooth

— https://fountain.fm/satchats