Latest news with #JeffBooth
Yahoo
4 days ago
- Yahoo
Former Ohio State quarterback Art Schlichter misses court appearance due to health issues
Former Ohio State University quarterback Art Schlichter missed a scheduled court hearing, where he was expected to plead guilty to drug charges, due to health issues. An attorney for Schlichter, 65, said at a July 31 status conference that he would enter a guilty plea at a future hearing scheduled for Aug. 11. Schlichter faced fifth-degree felony drug possession charges after a February 2024 traffic stop led to his arrest after an Ohio Highway Patrol trooper found cocaine in Schlichter's vehicle, according to court records. The Aug. 11 hearing was the last hearing scheduled before Schlichter's case was set to go to trial Aug. 25. Jeff Booth, bailiff for Franklin County Common Pleas Judge Christopher Brown, the judge overseeing Schlichter's case, confirmed Schlichter did not attend the hearing due to medical issues. Brown has not set a new date for Schlichter to enter his plea, and the Aug. 25 trial remains on the schedule, Booth said. Columbus news station WCMH reported that Schlichter's attorney, Sean Thivener, said at the Aug. 11 hearing that Schlichter fell and suffered injuries over the weekend of July 26. Schlichter was admitted to a skilled nursing rehabilitation center on Aug. 8, Thivener said, according to WCMH. Schlichter pleaded guilty in 2022 to possession of cocaine and was on probation for that at the time of the traffic stop. Less than a year before that incident, Schlichter had been released from prison, where he served time for a ticket scheme that bilked victims out of millions of dollars. Schlichter played for Ohio State between 1978 and 1981 and for four seasons in the NFL. Public Safety and Breaking News Reporter Bailey Gallion can be reached at bagallion@ This article originally appeared on The Columbus Dispatch: Ex Ohio State quarterback Art Schlichter misses drug case plea hearing Solve the daily Crossword
Yahoo
04-04-2025
- Business
- Yahoo
Jeff Booth says Bitcoin isn't just a technology — It's the foundation of a new internet
In a wide-ranging conversation on TheStreet Roundtable, Jeff Booth, founding partner at Ego Death Capital and author of The Price of Tomorrow, laid out a thesis stating that Bitcoin isn't just a currency or a technology — it's the next foundational protocol layer of the global internet. 'People get confused on Bitcoin,' Booth said. 'They think it is a technology… But protocols are different. Protocols are like the internet. TCP/IP came in layers. Bitcoin is the same — it's a base layer that sacrificed scalability for decentralization and security.' According to Booth, Bitcoin's architecture mirrors the early internet. The base layer — Bitcoin itself — is intentionally limited in functionality to ensure security. But second-layer technologies like the Lightning Network are scaling it rapidly, now reaching '650 million people today,' Booth noted, adding, 'It's growing faster than the internet was in the '90s.' For Booth, Bitcoin is not about building a 'better tech.' He argues that other cryptocurrencies tried to do just that — and failed because they centralized in the process. 'They're faster, but they centralize,' he said. 'Breakthroughs happen on the second layer… You don't need another coin.' Booth explained that his venture firm Ego Death Capital is investing in companies building on Bitcoin's second and third layers — technologies that will allow payments, identity, contracts, and even entire financial systems to run on top of Bitcoin's secure base. He noted the idea that Bitcoin enables a 'parallel internet' — a new, global system based on energy rather than manipulated fiat currencies. 'It is the protocol that forces the free market globally,' he said. 'This is an order of magnitude bigger than the internet… It can't be cheated.' Booth believes the best entrepreneurs are already building in the space because it aligns incentives and protects their time and work from devaluation. 'If you go back in any four-year cycle, prices are falling forever in Bitcoin,' he added. 'They're falling all the time — people are just measuring it in dollars.' Booth's core message? Stop thinking of Bitcoin as a tech product. 'It's much bigger,' he said. 'It's the foundation of something we haven't fully seen yet.'
Yahoo
02-04-2025
- Business
- Yahoo
AI is coming for your job, Bitcoin might be the only way out, says Jeff Booth
Artificial intelligence might change everything — from jobs to identity — but it's Bitcoin that could save us from centralized control, says Jeff Booth, founding partner at Ego Death Capital and author of The Price of Tomorrow. Speaking to Rob Nelson on TheStreet Roundtable, Booth explained that AI isn't just a technological revolution — it's also a political and economic one. 'AI literally will take jobs away… but it will create lower prices. It will create more economies,' Rob said. Booth agreed, but warned that the real danger is who controls the AI. 'The giant AI companies are looking for regulation… because it protects the monopoly,' Booth said. 'You should be very scared of AI in the existing system… Somebody will control everything you do.' He named Google, Amazon, and China as examples of centralized entities collecting massive amounts of data. 'They're in cahoots with the government… to be able to control this,' Booth said, arguing that people turning to the government for help are only feeding the cycle. The alternative? Bitcoin. 'In the natural state of the free market, prices fall to the marginal cost of production,' Booth said. That's why calculator apps are free today—because software has almost no cost to reproduce. As AI and robotics get cheaper and more widespread, Booth believes prices for goods and services will collapse. 'AI is free. It will be free everywhere,' he said. And companies that don't use it will get left behind. That's where Bitcoin comes in. 'If you had an energy-backed protocol, decentralized and secure, that you couldn't change, that humans couldn't cheat… prices would fall forever,' Booth explained. 'You'd be living in the first global free market that has ever existed.' Sign in to access your portfolio
