Age of Abundance's avatar
Age of Abundance
_@ageofabundance.live
npub17f3j...45t4
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.
MSTR owns the Bitcoin. But MSTR doesn't hold the keys - a custodian like Coinbase does. So buying MSTR is trusting a chain of boards and shareholders. Not the Bitcoin protocol itself.
Writing a Bitcoin ban is cheap. Enforcing one is not. Cheap power and a profit motive mean someone always defects. Every leaky ban weakens the government that wrote it.
You clicked on this. You're still watching... Maybe you've never felt like a builder - never led the charge, never had that go-getter energy. Showing up is the signal.
Big companies don't die anymore. The U.S. just took a 10 percent stake in Intel. Infinite money keeps the dying alive. And the new can't emerge until the old makes room.
Spending Bitcoin doesn't have to drain your stack. The coffee gets bought either way. Spend the sats. Then REPLACE them with the fiat you would've spent. Your position ends the day exactly where it started.
What law says you owe tax when you spend Bitcoin? There isn't one. It's memos and bulletins - guidance, not statute. Fear did the rest of the interpreting.
You buy euros. They appreciate. You spend them on espresso in Rome. No capital gains tax. There's a sensible exemption for small foreign currency gains. Bitcoin should get the same treatment.
Disney sues OpenAI and cuts a deal. The Tumblr artist whose work trained the model got nothing. And NEVER will. We all quietly agreed to it. Because no one's willing to stop using AI.
Altcoins are dead. They can't compete for money. That was never in the cards. Crypto was an episode that captured attention. Bitcoin is the one becoming money.
Tax enforcement is triage. An IRS officer has limited hours and a quota. They're chasing the $10 million offshore case. Not the 30 cents you owe on a coffee. MATERIALITY is the filter nobody names.
Only 10 to 15 percent of the stock market is real stuff. The other 85 to 90 percent is intangibles - patents, brand licenses, ideas somebody claims to own - and that's what your retirement is anchored on. When AI makes ideas free, that value evaporates.
Your money isn't sitting in a vault. It's a line on a ledger. Every dollar that exists was borrowed into being by someone. Your savings only hold value as long as those debts get paid back.
The old guard can't keep up. AI moves too fast for the fiat system to paper over its contradictions. You don't need permission. You just need to ACT. Study Bitcoin, hold it, build with it. That's the frontier.
The real cost of paying with Bitcoin isn't the capital gains tax. It's walking a few extra blocks to find a shop that takes it. Inflation's silent tax costs more human potential than any capital gains ever could.
If you defer to economists on deflation: They were trained in a system funded by printed money. Of course they'll call falling prices dangerous. Progress makes things cheaper. That's the goal, not a crisis.
How much worse does life feel each year? Official inflation says 2 percent. Ask the median person, the number is much higher. Losing prosperity hurts more than never having it. That's the middle class right now.
What does a tax audit actually look like? It's emails and PDFs. It's Excel sheets and lawyers. It's BORING, frankly. The fear in your head is bigger than the thing on the page.
Bhutan has more hydro power than its people use. They've been quietly mining Bitcoin with it... 40% of their GDP now comes from that. The proceeds fund public servants and a new city. Stranded energy is money waiting to be minted.
If you think stablecoins fix the money: They're just new buyers of Treasuries. A new class of kings - competing for favor at the top. Bitcoin ends the game entirely.
Every song came from another song. Every invention: a remix of what came before. We wrote laws pretending ideas start from NOTHING. AI just proved they never did.