Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and all national currencies will be pegged to it.
‘Highly Likely’ Bitcoin Will Become the Reserve Currency
The author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” Jeff Booth, has made the case that bitcoin will become the world’s reserve currency and all national currencies will eventually be pegged to bitcoin. Booth published his book in January, detailing why we are due for a financial reset and a new economic framework. The entrepreneur also founded Canada-based technology company Builddirect, an online marketplace for home improvement products.
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