Comments by "Frostie-Flake" (@PlanetFrosty) on "Why Deflation is the Key to Abundance with Jeff Booth" video.

  1. Jeff Booth has many excellent insights, but I think two things he misses are Network Technology advances and 2. Eurodollar transition to World Reserve Stable Currency in transition. I produced a white paper on creating US World Reserve Cryptocurrency largely based on bitcoin code with stable inflation adjusted value, but fully distributed. The point is to transition from debt based economy that limits falling to the cost of production to one that recognizes it. This brings solvency back to global economy and opens the door for transition to bitcoin economy. The RENT SEEKERS must be held accountable. Elizabeth Warren is also a rent seeker deeply embedded with big banks. She has been a flipper foreclosures queen seizing poor people’s homes. She’s a fraud. Now, I agree things are going to happen in collapse, but it’s better to de-risk to help the little guy survive. The elite needs to be held accountable.
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  2. I admit the repricing is coming, but bitcoin and layer 2 is more than bitcoin. There is more subtle way out without disaster. He’s right on the 4-1 debt, but he’s looking at it as one of thieves. He’s gained his wealth through theft. US deficit is tiny compared to China massive and host of other countries. The way out is transition to sound money.
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  3. I disagree “US is Strip Mining the World” because Jeff Both is completely disconnected from the VERY DISTRIBUTED EURODOLLAR WORLD. “Technology is deflationary” I completely agree with and creating the infrastructure globally to fully secure Lightning Network and massive bandwidth. THE POOREST WILL OWN THEIR NETWORK. Transactions become entirely trustless transaction.
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