{"id":190768,"date":"2026-07-01T21:08:13","date_gmt":"2026-07-01T21:08:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=190768"},"modified":"2026-07-01T21:08:13","modified_gmt":"2026-07-01T21:08:13","slug":"the-2036-issue-the-future-is-now-words-of-wisdom-from-jeff-booth","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=190768","title":{"rendered":"The 2036 Issue: The Future Is Now, Words of Wisdom from Jeff Booth"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

The 2036 Issue: The Future Is Now, Words of Wisdom from Jeff Booth<\/a><\/p>\n

<\/div>\n

SPOILER ALERT: Jeff Booth does not know what the world will look like in 2036.<\/p>\n

I know, I know\u2026 You probably wanted to hear from Jeff \u2014 author of The Price of Tomorrow<\/em> and someone with incredible foresight and vision \u2014 that all eight billion of us would be living in the type of abundance he often talks about on podcasts.<\/p>\n

You likely wanted to read that Jeff foresees Bitcoin replacing fiat by 2036 and that we\u2019ll all be able to just kick back and relax as we enjoy living in a deflationary system by then.<\/p>\n

I, too, was slightly disappointed when he didn\u2019t paint a picture of a Bitcoin-fueled utopia that will exist a decade from now.<\/p>\n

That said, in true Jeff Booth fashion, he offered some perspective that was perhaps even more profound than expected:<\/p>\n

\u201cIt can exist for them right this second,\u201d said Jeff in regard to when people can begin to reap the benefits of existing in a Bitcoin-buoyed system. \u201cThe question is \u2018Do people move their time and energy to this new system?\u2019\u201d<\/p>\n

Leave it to Jeff, someone who I often refer to as the Eckhart Tolle (author of The Power of Now<\/em>) of Bitcoin to remind us that we don\u2019t have wait for a day in the far off future when Bitcoin has transformed the world, we can begin to use right now it to transform our own personal world and the worlds of those with whom we engage.<\/p>\n

\u201cWe are the change,\u201d said Jeff. \u201cWe always have been.\u201d<\/p>\n

There\u2019s just one caveat to Jeff\u2019s message, though\u2026<\/p>\n

To fully experience the benefits that Bitcoin offers, we cannot simply view it as another asset within a broken system, we have to see it for what it actually is: a protocol.<\/p>\n

Bitcoin As A Protocol\u00a0<\/h2>\n

According to Jeff, seeing Bitcoin as anything but a protocol will not only result in our not fully benefitting from it, but ultimately in the failure of the protocol itself.<\/p>\n

That\u2019s a lot, I know.<\/p>\n

Let\u2019s unpack it.<\/p>\n

When Jeff looks out at the world, he sees a spectrum of Bitcoin enthusiasts \u2014 and, of course, those who will continue to simply dismiss Bitcoin.<\/p>\n

The latter will resume focusing their efforts on trying to reform the broken and insolvent system that continues to steal their time and wealth while consistently blaming the powers that be for their lot in life, further handing over their power to those actors in the process.<\/p>\n

If you\u2019re reading this article, you\u2019re likely not one of those types. You, instead, exist somewhere on a spectrum of Bitcoin understanding that Jeff has conceptualized.<\/p>\n

On one side of that spectrum are those who take risky bets with bitcoin or even with other crypto assets in efforts to get rich quickly. This type lends much of their energy to searching for the next scheme to trade. Very few in this world win big and almost all lose over a longer time horizon.<\/p>\n

One level up from that are those who see bitcoin as a store of value. The problem with this perspective is that the asset is trapped within the broken monetary and financial systems instead of replacing them. If bitcoin only remains a store of value, its ownership will continue to centralize over time, leading to a Bitcoin elite, a new breed of kings, as opposed to a world in which all human beings benefit from bitcoin. This scenario will also lead to continued issues with Bitcoin custodians.<\/p>\n

\u201cIf we continue to have a debt-based system on top of bitcoin, bitcoin will continue to be held by custodians who will get liquidated time and time again as they take risks with their customers\u2019 bitcoin,\u201d said Jeff. \u201cIt\u2019ll look like Celsius and BlockFi over and over and over again.\u201d<\/p>\n

Finally, there are those who see Bitcoin as a protocol.<\/p>\n

They understand that Bitcoin emerges in layers, each of them enabling it to be used more easily and privately as money. It\u2019s those for whom Bitcoin will serve as a true catalyst.<\/p>\n

\u201cIt\u2019s only if you view Bitcoin through the protocol lens that the world will change for you,\u201d said Jeff.<\/p>\n

\u201cEvery single other one of those perspectives relies on \u2018It\u2019s somebody else, not me.\u2019 But the last one says \u2018I create the future from my intention,\u2019\u201d he added.<\/p>\n

\u201cSo, when we think about 2036, the real question is \u2018How many people realize that they have the agency to change the world?\u2019\u201d<\/p>\n

While this may seem like a relatively easy question to answer for oneself, it becomes more challenging when considering that we exist in a world that is constantly trying to distract us from what Bitcoin truly is.<\/p>\n

Don\u2019t Get Caught<\/h2>\n

From flavor of the month FUD to hero worship, it\u2019s easy to give up your power.<\/p>\n

\u201cPeople often give their agency away to the likes of those who spread fear around quantum computing breaking Bitcoin or to those talking about how Jeffrey Epstein tried to infiltrate Bitcoin Core,\u201d said Jeff.<\/p>\n

Much of the Core vs. Knots debate was also driven by fear, which also siphoned people\u2019s power, according to Jeff. With regard to this particular issue, Jeff noticed the name calling and ad hominem attacks, but opted not to contribute to the drama. Instead, he simply saw it as a signal that the issue was worth investigating. He believes that the debate offered people an important opportunity to fight for what they want Bitcoin to be.<\/p>\n

\u201cWe\u2019re used to seeing only a small part of consensus and not seeing views that are outside of it,\u201d said Jeff. \u201cThe consensus mechanism and the agency of all participants fighting for what they see bitcoin as allows each person to see the entire debate and make their choice of what bitcoin is to them.\u201d<\/p>\n

Jeff went on to say that instead of being driven by fear and blindly digging in with one side or the other in such debates, it\u2019s important to look inward at these times. Both doing so and advocating for what you want Bitcoin to be is ultimately how the protocol stays safe in his eyes.<\/p>\n

\u201cIf there are enough hypervigilant people focused on the issues, Bitcoin stays secure,\u201d said Jeff. \u201cIf there are enough people building on this and they are all hypervigilant as they build, it stays decentralized.\u201d<\/p>\n

Bitcoin enthusiasts also give away their agency to figures in the Bitcoin space who convince them that bitcoin is nothing more than a store of value \u2014 digital capital, if you will \u2014 according to Jeff.<\/p>\n

\u201cIf you talk about digital capital and digital assets or building a debt-based system on top of Bitcoin, you aren\u2019t viewing Bitcoin as a protocol,\u201d explained Jeff. \u201cBuilding a debt-based system on top of Bitcoin is centralizing, which isn\u2019t good for Bitcoin. If you\u2019re trying to concentrate bitcoin and become a new king, then both Bitcoin and the game you\u2019re playing will ultimately fail.\u201d<\/p>\n

Jeff attributes the fact that some aren\u2019t able to see how building a system that resembles the system Bitcoin was designed to replace is ultimately doomed to the notion that many are trapped in old mental models. In other words, we often bring our baggage from the old system into this new one. Those who see Bitcoin as a protocol, those using it as money in Bitcoin circular economies on a day-to-day basis, fundamentally understand Bitcoin through a different lens. They intuitively know that every choice, want, and need is a choice to distribute value or give value. And as bitcoin becomes more ubiquitous as money, then those playing financial games with bitcoin will ultimately be forced to give up their coins.<\/p>\n

\u201cYou can try to create debt on top of bitcoin, but, eventually, as Bitcoin adoption increases, prices will begin falling so fast that those trying to centralize Bitcoin will have to figure out a way to deliver value to society in excess of what they\u2019re spending to pay back and service their debt, which they won\u2019t be able to do, forcing them to distribute their bitcoin,\u201d said Jeff.<\/p>\n

In short, Bitcoin inevitably liquidates those playing a zero-sum game; therefore, according to Jeff, it\u2019s best to focus on what you\u2019re doing to provide value to the world rather than focusing on how prominent figures in the Bitcoin space are rebuilding the same type of debt-based system that we\u2019re trying to escape on top of bitcoin.<\/p>\n

Why Bitcoin Remains Decentralized and Secure<\/h2>\n

For this issue, the editorial staff and writers involved have presupposed that Bitcoin is still sufficiently decentralized and secure come 2036. The truth is, though, as Jeff points out, if we all don\u2019t claim our own power and embrace Bitcoin as a protocol, then it centralizes and fails.<\/p>\n

Put another way, Bitcoin is not inevitable.<\/p>\n

Yet, at the same time, Jeff is all but 100% convinced that Bitcoin does, in fact, succeed.<\/p>\n

Why is that? you might ask.<\/p>\n

Well, to use Jeff\u2019s own words, he believes that Bitcoin will win because he \u201cbelieves in us.\u201d<\/p>\n

Now, I know what you might be thinking: How could Jeff believe in us?\u2026 I mean, has he seen all the pleb slop out there? Has he seen how quickly many have been to abandon their Bitcoin vision and morals in pursuit of fiat gains? And does he think we\u2019re all as good at thinking for ourselves as he is?<\/p>\n

While I didn\u2019t ask Jeff those questions, I\u2019d imagine his answers to the second and third ones are \u201cyes\u201d and that he\u2019s too humble to even respond to the final one. And as for the first question, he answered it without my posing it to him directly.<\/p>\n

\u201cAs time goes on, more and more people discover what Bitcoin truly is, and each of them begins to move their agency into this space,\u201d he explained. \u201cIn the process, people discover that their agency matters and that they can bend reality to their will. And when we share different thoughts about Bitcoin with others, it opens people\u2019s minds, further causing them to shift their time and energy. I\u2019m so positive that Bitcoin succeeds because I believe in the best in us, and I\u2019ve already seen so many people move their time into this space and how that has had such a positive impact on them.\u201d<\/p>\n

Still, Jeff, c\u2019mon! Most of us are still simply trying to convince our friends and family members that Bitcoin isn\u2019t a scam, much less something that they should be moving their time and energy into. Even the idea of moving one\u2019s time and energy into Bitcoin seems like an abstract and foreign concept to most people today.<\/p>\n

Jeff gets that, too. And so he offered a caveat:<\/p>\n

\u201cNot everybody has to move their time \u2014 only a small fraction do.\u201d<\/p>\n

Now, given that my intention in writing this piece isn\u2019t simply to help share Jeff\u2019s perspective but to encourage you to embrace your own agency and power, I\u2019m not going to share how much that small fraction is composed of in Jeff\u2019s mind. Doing so might put you back into the mindset you may have had before you started reading this piece, the \u201cBitcoin is inevitable, and my efforts mean nothing in regard to its success or failure\u201d mindset. Since that\u2019s neither productive nor empowering, let\u2019s not go there. The point is that Jeff believes that there are enough of us out there who will \u201chold the line and fight for freedom\u201d as we work to maintain what he terms \u201cthe honest chain.\u201d<\/p>\n

\u201c__% of people will cheat and go back to the dishonest chain,\u201d said Jeff. \u201cThey\u2019ll tell themselves \u2018I needed to do it for my family.\u2019 Deep down, they won\u2019t have wanted to move to the dishonest chain, but they will feel that the consequences of not doing so were just too great. So, they\u2019ll take the bribe. They\u2019ll tell themselves \u2018If not me, somebody else will do it, and I have to do it, too.\u201d<\/p>\n

Though that remaining percentage of people who support the honest chain may be small, it will be more than enough to have the balance of most people eventually move with them, according to Jeff.<\/p>\n

\u201cThat small group forces a foundation from which others can benefit,\u201d said Jeff.<\/p>\n

A beautiful dimension of Bitcoin is that it\u2019s a group, as opposed to a single figure, that keeps the network safe. And what shields this group is that Bitcoin enables them to remain anonymous. This can be contrasted with public leaders or religious figures who\u2019ve challenged power and been martyred for it.<\/p>\n

\u201cThose leaders and religious figures had to be killed because they were open and very dangerous to the system of power,\u201d said Jeff. \u201cNow, those who want to stand up for what\u2019s right no matter what to keep Bitcoin protected can do so because privacy is built into its layers. If this fight were occurring in the open, the intransigent minority, those who want to stand up for what is right, would be knocked off in time; it would be too dangerous for them to stand up.\u201d<\/p>\n

In this light, Bitcoin could be viewed as the greatest tool for human liberation we\u2019ve ever seen. And the most exciting part is, we may have all of the components we need to scale it securely and in a manner that offers people transactional privacy.<\/p>\n

Scaling Bitcoin: We May Already Have All We Need<\/h2>\n

Given how often Jeff refers to scaling Bitcoin in layers, I asked him how many layers he envisions Bitcoin having by 2036, anticipating that he had some ideas for layers that few of us could have yet conceptualized.<\/p>\n

To my surprise, his answer to my question was direct: \u201cI think we have almost everything already.\u201d<\/p>\n

(LFG.)<\/p>\n

\u201cWe have Bitcoin, composed of energy, mining, and the consensus rules,\u201d began Jeff. \u201cNext, we have Lightning, Liquid, Ark, etc. This is the transport layer where you can now transport value instantly at very fast speeds. On top of or integrated with that, you have fedimints for ecash, the privacy layer. We also have Nostr, the identity layer, web of trust, and privacy layer. And that might be all we require. Everything there is enough to enable all applications to take part in the first global free market that\u2019s ever existed.\u201d<\/p>\n

But what about a capital markets layer? Will we see tokenized assets on a Bitcoin layer by 2036, or at any point in the future for that matter?<\/p>\n

According to Jeff, that\u2019s a hard \u201cno.\u201d<\/p>\n

\u201cTokenization is part of the fiat scam,\u201d said Jeff. \u201cThe idea with tokenization is that people are going to take more assets and drive more money into those assets. In the world I\u2019m talking about, you don\u2019t need tokenization because the protocol preserves value for you \u2014 everything is priced in prices that are falling.\u201d<\/p>\n

According to Jeff, tokenized assets, whether on traditional ledgers (e.g., brokerage accounts) and on blockchains, are part of the current system, which is extractive. In a world underpinned by bitcoin, people won\u2019t need to rely on tokenized assets to preserve their wealth.<\/p>\n

\u201cIn this new world, capital markets get way smaller,\u201d said Jeff. \u201cIn 1900, capital markets only made up about 1% of the economy, and now it\u2019s closer to 40%. Tokenization helps the extractive economy carry on; it becomes unnecessary in a world in which Bitcoin succeeds as a protocol.\u201d<\/p>\n

Jeff contextualized his point by describing how he and the team at ego death capital, the Bitcoin venture capital firm that he co-founded, think about making investments in a world where bitcoin continues to appreciate in value.<\/p>\n

\u201cAt ego death, we deploy risk capital where we think we can exceed a 45% IRR (internal rate of return),\u201d Jeff explained. (Bitcoin\u2019s IRR over the past 15 years is approximately 45%.) \u201cMost startups don\u2019t get funded with debt. Family and friends typically fund startups and what they\u2019re doing is saying \u2018I believe you can do this,\u2019 while not necessarily considering the fact that most startups fail because it\u2019s so hard to create value in the free market. Investors only come in when they see a startup starting to win and when they think a business will provide tons of value moving forward.\u201d<\/p>\n

And most investors in public markets today are only investing because fiat currencies are losing value at such an alarming rate. In a world that\u2019s on a bitcoin standard, speculating in markets as a means to preserve value is no longer necessary.<\/p>\n

Start Today<\/h2>\n

Each of our actions in this Bitcoin space have power.<\/p>\n

They are helping to chart a course in which, by 2036, there will be exponentially more of us reaping the benefits of living on a bitcoin standard.<\/p>\n

While that future surely isn\u2019t promised, Jeff feels confident that we\u2019re on the right path.<\/p>\n

\u201cOur future is created by these collisions of us talking to each other, learning from one another, and expanding our knowledge to other people,\u201d he explained.<\/p>\n

Plus, the longer Jeff works with and invests in high-integrity builders in the Bitcoin space, the more confident he feels that Bitcoin remains decentralized and secure, as it must for it to succeed.<\/p>\n

With that said, Jeff understands that many will sell out as the fight continues to be brought to Bitcoin\u2019s doorstep, which is why he says that we should feel free to \u201cslay our heroes.\u201d Instead, he believes, we should look within ourselves for answers.<\/p>\n

The Bitcoin story isn\u2019t one of looking out to or up to; it\u2019s one of looking inward and embracing responsibility and critical thinking, both of which are necessary in pursuit of increased personal power and agency.<\/p>\n

If we want a world transformed by Bitcoin in 2036, we have to start by making the essential personal transformations and moving more of our time and energy into Bitcoin today.<\/p>\n

<\/a><\/p>\n

Don\u2019t miss your chance to own\u00a0The 2036 Issue<\/em><\/strong>\u00a0<\/a>\u2014 featuring articles written by many influential figures in the space pondering the challenges of the next decade!<\/p>\n

This piece is featured in the latest\u00a0Print\u00a0<\/a>edition of Bitcoin Magazine, The 2036 Issue. We\u2019re sharing it here as an early look at the ideas explored throughout the full issue.<\/em><\/p>\n

\n<\/p>

This post The 2036 Issue: The Future Is Now, Words of Wisdom from Jeff Booth<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Frank Corva<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine The 2036 Issue: The Future Is Now, Words of Wisdom from Jeff Booth SPOILER ALERT: Jeff Booth does not know what the world will look like in 2036. I know, I know\u2026 You probably wanted to hear from Jeff \u2014 author of The Price of Tomorrow and someone with incredible foresight and vision […]<\/p>\n","protected":false},"author":0,"featured_media":190769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-190768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/190768"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=190768"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/190768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/190769"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=190768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=190768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=190768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}