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Age of Abundance
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A daily live show about the monetary transition from fiat to Bitcoin - AI deflation, energy abundance, and the restoration of humanity. Hosted by Ricky Zhang. Live weekdays at 10am PT / 1pm ET. Clips daily.
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ageofabundance 2 months ago
Debt-based money can't sit still. If it shrinks, debts cascade into defaults. So the only stable mode is more. That's why the printing never stops.
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ageofabundance 2 months ago
Why does the next politician pass the same bill as the last one? Swap the person - you keep the incentives. The structure selects for them. Money people can control is the root. Bitcoin fixed that in 2009.
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ageofabundance 2 months ago
Bhutan has been mining Bitcoin for five years. It's now 40 to 50 percent of their GDP. No IMF loans, no legacy strings. They're paying public servants more. And funding a whole new city with it. This isn't theory anymore.
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ageofabundance 2 months ago
They added hydration breaks to the World Cup. Not for the players... They're ad slots in disguise. More teams, more games, more attention to SELL. The tournament got worse for fans. That's when it got better for the balance sheet.
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ageofabundance 2 months ago
Three years ago you trawled ten search results to get one answer. Most of those pages were built to rank, not to answer you. Now you ask once and get exactly what you wanted in seconds. That's why it's the fastest growing product in history.
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ageofabundance 2 months ago
In 1980 the top 1 percent took 8.5 percent of US income. By 2007 it was triple that. Run the same trend forward 30 years: revolution. This isn't politics, it's arithmetic. But the arithmetic starts in 1980, when the money changed.
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ageofabundance 2 months ago
A sleepy Bedford football club got funded in Bitcoin by Peter McCormack. Four years later, four promotions. Its balance sheet sits on money that can't be printed. Every rival's sits on money that can. Early adoption is the advantage.
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ageofabundance 2 months ago
A Bitcoin miner is just a chip spinning trillions of times a second. What comes off it is HEAT. Real heat that warms a house, a greenhouse, a sauna... So your heater earns Bitcoin while it keeps you warm. The bill runs the other way now.
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ageofabundance 2 months ago
A rioter told a reporter: we have no property, why should I respect property rights? That's not lawlessness. It's what happens when most people own nothing that holds value. A stake in the system is what makes you defend it.
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ageofabundance 2 months ago
A dollar is debt. That debt has to expand. So the money has to debase. Bitcoin is the opposite. It's backed by energy already spent. Its supply can't grow past 21 million. These aren't two versions of money. They're opposite physics.
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ageofabundance 2 months ago
Bitcoin does the same thing every ten minutes. A new block, like clockwork. When the price swings, that's not Bitcoin moving. It's the dollar moving against it. You're measuring the ruler with the thing it's measuring.
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ageofabundance 2 months ago
The plan is for the government to own half of AI. Then redistribute the gains. But AI's whole job is to make things CHEAPER. It crashes the price of everything. So the fund matures with nothing in it. The deflation was the gain all along.
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ageofabundance 2 months ago
Bitcoin mining is a brutal hunt for the cheapest power on earth. If your energy costs more than you earn, you lose. Those losses compound until you're gone. So miners migrate to the cheapest energy nobody else wanted.
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ageofabundance 2 months ago
2008 bailed out the banks. 2020 bailed out everyone. Same move: print new money to keep the system standing. Each round hits faster and harder than the last. That rhythm is the one we live in now.
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ageofabundance 2 months ago
Everyone agrees a small group shouldn't dictate the economy. Then a few people at the Federal Reserve set the price of money. That price touches every loan and every paycheck. Make it make sense.
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ageofabundance 2 months ago
The AI optimists are right. Cost falls to the cost of electricity. But they skip the hard part. That deflation only works if the money changes too. Otherwise the old system has to fight it by force.
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ageofabundance 2 months ago
When a bank wins the bet, it keeps the money. When it loses, the bill goes to billions of people through inflation. That's why the biggest banks take the most risk. The incentive is to get as big as possible, as FAST as possible.
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ageofabundance 2 months ago
New money reaches the top first. The cost spreads out to everyone at the bottom as higher prices. The gains go to a few. The losses go to all of us. It's spread so thin nobody can name who took it.
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ageofabundance 2 months ago
You vote red or blue. The debt expands either way. Every campaign is a promise to spend more than the other side. Nobody runs on the form of money. That's the ONE lever that never makes the ballot.
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ageofabundance 2 months ago
Age of Abundance is now on Nostr. A daily live show about the monetary transition from fiat to Bitcoin. AI deflation, energy abundance, and the restoration of humanity. Live weekdays at 10am PT / 1pm ET. Clips post here daily. ageofabundance.live