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At close · Thu, Oct 8, 2026
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Home›Crypto›Market Structure›Jeff Booth argues $1 million Bitcoin pricing uses a ri…

Jeff Booth argues $1 million Bitcoin pricing uses a rigged system

Booth frames Bitcoin not only as an asset, but as the start of a decentralized protocol stack akin to the internet.

Bitcoin Magazine featured Jeff Booth arguing that a $1 million Bitcoin price target is too low.

In the video, Booth says valuing Bitcoin in dollars relies on a system he characterizes as rigged by fiat debasement.

He also argues Bitcoin is more than a coin, describing it as the beginning of a decentralized, secure, and private protocol stack that could resemble the internet.

The outlet notes the views expressed are those of the participants and are for informational and educational purposes only.

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