Jeff Booth Challenges Dollar Valuation of Bitcoin

• Lyla Velez
• December 17, 2025
• Investment
• 0 Comments

Jeff Booth, an author and Bitcoin advocate, recently shared his stance on Bitcoin pricing, asserting the misunderstanding of valuing Bitcoin in dollar terms. This discussion took place during his interviews throughout 2023.

Booth’s viewpoint is important as it questions the widespread practice of valuing Bitcoin in dollars, suggesting that this might reinforce existing fiat systems rather than highlighting Bitcoin’s true decentralized potential.

Bitcoin’s True Value Beyond the Dollar

Jeff Booth emphasized that pricing Bitcoin in dollars does not align with his understanding of Bitcoin’s potential as a decentralized asset. He reiterated in various interviews that this practice could ultimately strengthen the flawed fiat systems. As he succinctly put it,

“If you’re pricing Bitcoin in dollars, you don’t get it.”

Booth stressed that this perspective has been a consistent narrative in his talks over the past year. His opinions come amid ongoing discussions about Bitcoin’s role in a future economy potentially free from current fiat constraints, pointing to a long-term view regarding Bitcoin’s decentralization.

The emphasis on Bitcoin’s dollar valuation potentially poses risks by allowing institutions to benefit at the expense of Bitcoin’s decentralization. Booth cautioned about possible centralization through derivatives and similar products. While some investors may see dollar gains as a success, Booth argues that it might contradict the cryptocurrency’s core ethos. No on-chain data reflects immediate shifts tied to his views, but the implications resonate with those advocating for Bitcoin’s role in a deflationary economy.

Historical Parallels and Centralization Concerns

Booth’s insights bring to light historical parallels, drawing comparisons to earlier Bitcoin debates such as the 2017 scaling debate. He suggests that maintaining decentralization should remain paramount. While BlackRock’s involvement in Bitcoin and other financial institutions’ interests could drive prices higher, Booth maintains that true decentralization should be the focus, warning against a repetition of historical transitions like the gold-to-petrodollar shift.

Future Implications of Valuation Practices

Potential financial outcomes arise from this ongoing discussion, including changes in Bitcoin’s market perception and valuation methods. Analytical trends indicate ongoing debate regarding Bitcoin’s potential as a decentralized currency. Booth’s critique serves as a reminder to consider the broader implications of Bitcoin pricing practices, influencing investor strategy and market perception. These outcomes will likely shape future discussions as Bitcoin continues to garner mainstream attention.