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