ageofabundance
Age of Abundance
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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npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 Profile Code
nprofile1qqs0ycexjcdg5h83kx3hsvgpv6yy5u9zspjd3c7kvewyg5xnu6223mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dscag2pr
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2026-06-12T23:48:05Z Event JSON
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Last Notes npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why does banking have 378 acronyms today? In 1900 there were 15. Cole Walmsley graphed the growth... Every spike lines up with a crisis: Depression, Nixon shock, 2008, COVID. Complexity is what a system does when it's covering a hole. https://vod.ageofabundance.live/ep-051/clips/x-clip-14-in-1900-banking-had-15-acronyms-today-there-are-378.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Digital scarcity was a zero to one invention. Like the wheel, like fire, like the number zero. You invent it once, or not at all. Bitcoin invented it. Everything after is a copy of a solved problem. https://vod.ageofabundance.live/ep-035/clips/x-clip-11-digital-scarcity-is-a-zero-to-one-moment.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance "We're early" keeps you feeling like an outsider. I'm not early - I arrived on my own schedule. Not ahead of the world: on time with myself. Right where I need to be. https://vod.ageofabundance.live/ep-049/clips/x-clip-13-im-not-early-to-bitcoin-im-on-time-on-my-own-schedule.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Elite schools aren't selling education. They're selling proximity to the money printer. Parents chasing them aren't crazy. Under fiat, that's the only game in town. Fix the money and school can be about learning again. https://vod.ageofabundance.live/ep-049/clips/x-clip-11-elite-schools-are-just-proximity-to-the-money-printer.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Bitcoin will outlive all of us. The Bitcoin you spend today will still be flowing 200 years from now: family to family, generation to generation. As long as there is energy in the world, it keeps moving. And energy is not going anywhere. https://vod.ageofabundance.live/ep-037/clips/x-clip-24-the-sats-you-spend-today-will-still-be-flowing-200-years-fro.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance New tools compress lifetimes of work. William Shanks spent decades calculating pi by hand: he got to 700 digits. The calculator arrived and found the error at digit 528. 172 digits of a life, wrong. AI is running the same math on desks right now. https://vod.ageofabundance.live/ep-044/clips/x-clip-16-a-mathematician-spent-his-life-calculating-pi-he-got-it-wron.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance An 87-year math certainty fell in one weekend. The answer was simple. Finding it was the hard part... Debt-based money is 330 years old. If that one can fall, why not this one? https://vod.ageofabundance.live/ep-044/clips/x-clip-14-what-other-always-been-true-beliefs-are-actually-falsehoods.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Most people don't reject Bitcoin. They assume the current system will keep going. That's not a conclusion. It's inertia. Every broken system looks fine until the day it isn't. https://vod.ageofabundance.live/ep-045/clips/x-clip-13-why-we-all-quietly-believe-fiat-will-just-keep-working.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance If you're still betting on elections to fix the economy: Money is superordinate to politics. When money is created through lending, power concentrates at the top - and politicians of every party gravitate toward that power. Fix the money, and the politics follows. https://vod.ageofabundance.live/ep-014/clips/x-clip-03-money-is-superordinate-to-politics.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Gratitude isn't a mood you drift into. Your brain resets its baseline in weeks. Every problem you solved gets quietly forgotten. That's the design: the default is FORWARD, never grateful. Which is why you have to practice it on purpose. https://vod.ageofabundance.live/ep-044/clips/x-clip-10-why-gratitude-has-to-be-practiced-you-were-built-to-stop-fee.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The fiat system needs to keep printing to stay solvent. Bitcoin can't be printed. Eventually more dollars exist than there is Bitcoin to back them. 1933 confiscated the gold, 1971 defaulted on it - both were the math catching up. https://vod.ageofabundance.live/ep-047/clips/x-g02-why-saylor-s-fiat-game-ends-in-1933-all-over-again.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Every trusted ledger eventually gets corrupted. It's not that we keep picking bad people... Give someone a small cheat no one can detect: most will take it. Small cheats compound for decades. That compounding is the world you were born into. https://vod.ageofabundance.live/ep-045/clips/x-clip-11-most-people-will-cheat-if-they-know-no-one-is-watching.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Michael Saylor spent five years pointing people toward a better future. Now he's using that same trust to drag them backward. Reputation on Bitcoin works like the money: you can't print more. Spend it without earning it back - and it's gone. https://vod.ageofabundance.live/ep-045/clips/x-clip-21-michael-saylor-is-showing-his-true-colors.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Every worldview you've had was shaped by history. And history was written by whoever controlled the money. Bitcoin is the first shared truth no one can rewrite. A new block every 10 minutes, agreed on by all of us. https://vod.ageofabundance.live/ep-047/clips/x-g03-every-worldview-you-ve-ever-had.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Money only exists because we FORGET. That's the thesis of a 1996 paper from a Minneapolis Fed researcher. A perfect shared memory of who contributed what would replace it. Bitcoin is the first real attempt at that memory. https://vod.ageofabundance.live/ep-045/clips/x-clip-07-a-1996-fed-paper-says-we-only-invented-money-because-we-forg.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A fish market owner in Newfoundland tilted his scales to underpay his fishermen. A central banker does the same thing with money. Same incentive: win by position, not by work. If people can earn without working, they will. They always have. https://vod.ageofabundance.live/ep-046/clips/x-clip-04-the-fish-market-scam-that-got-promoted-to-a-central-bank.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance New Bitcoin is created on a fixed schedule everyone can see. No one can print their way to more. Getting more means earning it from someone who chose to pay you. Concentrated now: distributing over time. https://vod.ageofabundance.live/ep-047/clips/x-g01-why-concentrated-bitcoin-still-creates-a-level-playing.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Our minds cap out at about 150 people. That was the whole village, for all of human history. Everything we call civilization is a workaround for that number. Money and institutions exist because trust doesn't scale past it. https://vod.ageofabundance.live/ep-045/clips/x-clip-03-civilization-is-one-giant-workaround-for-the-150-person-cap.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A 1996 Federal Reserve paper made a strange claim. Money only exists because we can't remember. We can't track who gave what. We can't hold a village in our heads. A perfect shared ledger would make money unnecessary. Bitcoin is that ledger. https://vod.ageofabundance.live/ep-045/clips/x-clip-08-money-is-memory-a-1996-fed-paper.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Your brain caps out at about 150 people. That's the village size we evolved for. Every stranger past that is someone your mind can't keep a trust record on. Modern life didn't fix this. It just crowded the room. https://vod.ageofabundance.live/ep-045/clips/x-clip-04-we-capped-out-at-a-village-of-150-people.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The last person to leave fiat gets debased the worst. The day they finally switch to Bitcoin, they still win. Bitcoin doesn't punish latecomers. The door never closes. https://vod.ageofabundance.live/ep-046/clips/x-clip-13-even-the-last-human-on-fiat-still-wins-the-day-they-switch.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance You're not lazy... Half your job is buttering up superiors - the other half is not outshining them. That's not human nature. It's what happens when debt-based money forces companies to grow forever. https://vod.ageofabundance.live/ep-044/clips/x-clip-18-half-your-job-is-buttering-up-superiors-thats-what-fiat-did.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance For all of recorded history, one thing hasn't changed. Someone controlled the tool that measured your time. Which meant someone else set what your life was worth. Bitcoin is the first measuring stick no one owns. https://vod.ageofabundance.live/ep-035/clips/x-clip-13-someone-has-always-controlled-the-measuring-tool-for-our-tim.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance An 87-year math conjecture just fell. Human mathematicians couldn't crack it for generations... An AI vaporized it over a World Cup final. What used to take a lifetime - now takes a weekend. https://vod.ageofabundance.live/ep-044/clips/x-clip-13-an-87-year-math-conjecture-just-fell-to-ai-over-a-world-cup.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A conjecture is a math problem everyone believes but no one can prove. This one stood for 87 years... Then an AI disproved it in a weekend - over the course of a World Cup final. Mathematics now has a before and an after. https://vod.ageofabundance.live/ep-044/clips/x-clip-12-an-87-year-math-conjecture-just-fell-to-ai-over-a-world-cup.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Monetary change used to need a war. The pain had to outweigh the pain of rising up. Now the numbers are absurd - people feel trillions in their bones. The threshold just dropped. https://vod.ageofabundance.live/ep-040/clips/x-clip-07-were-closer-than-you-think-to-everyone-seeing-the-money-is-b.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Broken systems don't fall from their flaws. They fall when the pain crosses a threshold. Printable money keeps pushing that threshold back - forever. Slow decay is the trick: quiet enough that no one acts. Bitcoin breaks it. https://vod.ageofabundance.live/ep-036/clips/x-clip-21-the-slow-decay-trick-why-the-old-system-never-falls-on-its-o.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Nobody ever explained inflation to you. Not because it's too complex. It's the most obvious thing once you look. You already feel it in your paycheck. You just needed permission to say it out loud. https://vod.ageofabundance.live/ep-040/clips/x-clip-11-why-nobody-ever-taught-you-what-inflation-actually-is.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Which side is the slippery slope on? Changing the software is one. Leaving it untouched is another. BOTH slide somewhere. If we're going to name slopes, we should name them all. https://vod.ageofabundance.live/ep-043/clips/x-clip-15-the-incumbency-is-a-slippery-slope-too-call-both-by-name.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Nobody ever taught you what inflation actually is. It was made to sound too complex for normal people. It isn't. It's OBVIOUS. Your money buys less each year, and that's the whole thing. https://vod.ageofabundance.live/ep-040/clips/x-clip-10-why-nobody-ever-taught-you-what-inflation-actually-is.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The West didn't end the violence of the last century. It just pushed it out of view. Proxy wars abroad. Inflation at home. Peace at the core is paid for at the edges. https://vod.ageofabundance.live/ep-042/clips/x-clip-07-we-didnt-stop-the-violence-we-just-moved-it-offshore.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Who is the market? Not some referee in the sky... It's you. It's the sum of what each person chooses to do. Letting the market decide is itself a decision. https://vod.ageofabundance.live/ep-043/clips/x-clip-10-the-market-is-us-it-doesnt-decide-you-do.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Does having more Bitcoin give you more say over the rules? No. MicroStrategy holds nearly a million coins. It can't change a single one. That's the first money in history where wealth doesn't buy the rulebook. https://vod.ageofabundance.live/ep-016/clips/x-clip-06-why-having-more-bitcoin-doesnt-let-you-change-the-rules.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why does letting anyone store anything on Bitcoin centralize it? Whoever uploads the data captures the profit. Every node runner pays the storage cost. Fewer people can afford to run nodes. Freedom to dump anything is freedom for the few. https://vod.ageofabundance.live/ep-043/clips/x-clip-08-why-permanent-data-storage-on-a-shared-network-always-centra.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance We say the land was taken by force. Then we keep living on it exactly as before. The acknowledgment doesn't reach the descendants: it reaches us, and it lets us feel okay about that. Whoever wins gets to write the culture that makes winning feel fine. https://vod.ageofabundance.live/ep-042/clips/x-clip-03-why-this-is-unceded-territory-land-acknowledgments-feel-holl.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The ideal: every node runner judges BIP-110 on the merits alone. That's not how humans work. We're tribal creatures. In-group, out-group bias is real, even inside Bitcoin. Pretending you're above it is how it moves you. https://vod.ageofabundance.live/ep-043/clips/x-clip-01-in-a-perfect-world-wed-all-judge-on-the-merits-but-were-trib.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance If you had all the money in the world, what would you do? Most people go blank. The real problem: they were never taught how to want anything. Bitcoin gives the time back. Knowing what to do with it is the harder question. https://vod.ageofabundance.live/ep-040/clips/x-clip-20-what-would-you-do-if-you-had-all-the-money-in-the-world.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance I did the work of four hires in six weeks. No screening, no salaries, no six months of onboarding. Just me and the coding tools - Claude and ChatGPT. The output is better than a team of four would have shipped. https://vod.ageofabundance.live/ep-001/clips/x-clip-02-i-replaced-a-team-of-four-with-ai-in-six-weeks.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why aren't your friends getting hired? No one wants to train a junior. Another company will just hire them once they're trained. Every company faces the same math. It's not layoffs, it's a slow leak. https://vod.ageofabundance.live/ep-040/clips/x-clip-08-the-game-theory-that-quietly-killed-the-junior-job.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Every form of wealth used to be something you could touch. Cattle, salt, gold. Anything you can touch, someone can take. Might makes right wasn't a moral failing. It was the math of storing your life in something physical. https://vod.ageofabundance.live/ep-042/clips/x-clip-04-cattle-salt-gold-every-form-of-wealth-used-to-be-something-s.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Fiat must expand debt forever. When new money is printed, the interest owed on it isn't. So more money must be printed to pay interest that doesn't exist. Stop and the whole thing collapses. That's why fiat can't share the world with Bitcoin. https://vod.ageofabundance.live/ep-041/clips/x-clip-17-why-fiat-must-expand-debt-forever-or-the-whole-thing-collaps.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance What does retirement actually mean? It's not never working again. It's never working just for money. Real retirement: a life you'd pick without the paycheck. https://vod.ageofabundance.live/ep-039/clips/x-g07-you-re-retired-when-you-never-have-to-work-just-for-mo.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why do grads send thousands of applications and hear nothing back? AI writes the resume. AI screens the resume. And no junior role makes sense when a model does it overnight for free. https://vod.ageofabundance.live/ep-040/clips/x-clip-05-why-grads-send-1000-applications-and-hear-nothing-back.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Bitcoin's supply is fixed. The paper claims on it aren't. Wall Street holds Bitcoin in wrappers outsiders can't verify on the blockchain. More claims than actual coins: that's how short-term price gets pushed around. https://vod.ageofabundance.live/ep-041/clips/x-clip-09-there-are-more-paper-claims-on-bitcoin-than-bitcoin-actually.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Have you ever met someone who understood Bitcoin from scrolling TikTok? Kyle Huber hasn't. Neither have I. The aha moment is emotional, not informational. A feed can't hand you that. https://vod.ageofabundance.live/ep-039/clips/x-g05-have-you-ever-met-someone-orange-pilled-by-tiktok.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A Bitcoin node still runs on a Raspberry Pi today. Let the blockchain bloat and only data centers can run one. Concentrated nodes are identifiable and capturable. Then capital controls Bitcoin. Which is exactly what it was built to escape. https://vod.ageofabundance.live/ep-036/clips/x-clip-08-what-happens-when-you-cant-run-bitcoin-on-a-laptop-anymore.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Most people don't act because they understand. They act when they see everyone else already doing it. That's 7.5 billion out of 8 billion. So the leverage isn't the crowd. It's the few whose threshold is close enough to move now. https://vod.ageofabundance.live/ep-037/clips/x-clip-10-why-75-billion-people-wont-change-until-everyone-else-does-f.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance "Permissionless" used to mean anyone can use Bitcoin as money. Now it's being used to argue anyone can put anything on the blockchain. Same word. Different Bitcoin. https://vod.ageofabundance.live/ep-036/clips/x-clip-12-how-they-weaponize-the-word-permissionless.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance You trade your hours for dollars. You spend those dollars just to eat and pay rent. And the work you do to earn them, you hate. Sunday night dread isn't adulthood. It's the trade. https://vod.ageofabundance.live/ep-037/clips/x-clip-09-youre-trading-your-time-for-debt-tokens-to-do-something-you.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance You may not live to see Bitcoin win. Your kids will. They'll grow up with money that buys more every year - not less. That's why the work now matters. https://vod.ageofabundance.live/ep-037/clips/x-clip-21-you-may-not-be-alive-to-see-it-but-your-kids-will.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Woodrow Wilson signed the Federal Reserve into law in 1913. A few years later he called it a grave mistake. He couldn't undo it. Too many people already held the power. Insight always arrives LATE. https://vod.ageofabundance.live/ep-037/clips/x-clip-19-the-president-who-created-the-fed-knew-hed-made-a-mistake-an.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Nobody gives up their freedom all at once. It's 2% a year... Small enough to shrug off: big enough to compound. That's how you sink with the boat instead of leaving it. https://vod.ageofabundance.live/ep-037/clips/x-clip-14-the-slow-decay-convinces-you-giving-up-2-of-your-truth-per-y.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance No one is running the old money system. That's the uncomfortable part. It's an emergent beast made of people chasing their own incentives. You can't fix it by naming a villain. https://vod.ageofabundance.live/ep-038/clips/x-clip-06-the-enemy-isnt-a-person-its-an-emergent-beast-no-one-runs.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A Bitcoin node used to fit on a Raspberry Pi. Now a Start9 box runs about $1,000. NFTs found a way onto Bitcoin. Every node stores that data forever. https://vod.ageofabundance.live/ep-036/clips/x-clip-14-why-running-a-bitcoin-node-now-costs-1000.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The practical starting point isn't a percentage of your paycheck. It's your time. Time is scarcer than money. Most people don't notice how much the attention economy already takes. Ben Leavitt https://vod.ageofabundance.live/ep-034/clips/x-g01-the-practical-starting-point-for-regular-people.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Fiat's default message since childhood: You're not enough. Work harder - earn more, prove it. It was never going to be enough. That's the point. https://vod.ageofabundance.live/ep-033/clips/x-clip-10-the-message-fiat-has-been-teaching-you-since-birth-youre-not.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance We're on a long road trip. Take your eyes off the road - we crash. Your energy has to go somewhere. Waiting isn't neutral. It's an allocation to dissatisfaction. https://vod.ageofabundance.live/ep-033/clips/x-clip-09-if-we-dont-keep-our-eyes-on-the-road-we-crash.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance AI is trained on the entire corpus of human language. Every book, every conversation, every idea written down. Strip away copyright - that corpus belongs to all of us. The real question isn't who owns the model. It's who owns the human knowledge inside it. https://vod.ageofabundance.live/ep-031/clips/x-clip-16-who-owns-the-corpus-the-ai-was-trained-on.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Abundance doesn't mean the work goes away. We still compete. We still trade our scarce time. What ends is inflation quietly stealing the productivity we made. https://vod.ageofabundance.live/ep-033/clips/x-clip-02-the-economic-problem-doesnt-go-away-it-just-transforms.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance It won't take a nuclear war. It won't take a rogue AI. Debt-based money is already doing it. Quietly. Fewer families forming, communities hollowed out, rising suicide rates. https://vod.ageofabundance.live/ep-032/clips/x-clip-07-we-dont-need-a-nuclear-war-to-destroy-ourselves.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance You borrow $100, you owe $105. The extra $5 was never created. Every dollar in the system came from a loan. The interest didn't. That's why the debt only ever grows. https://vod.ageofabundance.live/ep-032/clips/x-clip-01-if-you-borrow-100-you-owe-105-where-does-that-5-come-from.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Remember when people said no one would stream movies? Or buy stuff online instead of driving to a store? Same sentence, new decade: no one will use Bitcoin as money. Every dismissal sounds smart right up until it sounds ridiculous. https://vod.ageofabundance.live/ep-030/clips/x-clip-03-everything-said-about-bitcoin-now-was-said-about-netflix-fir.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Fraud, or rational value creation? Often the same action. The word you pick depends on which side you're on. That word tells me your side, not the truth. https://vod.ageofabundance.live/ep-031/clips/x-clip-07-one-persons-fraud-is-anothers-rational-value-creation.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Who actually pays for bank bailouts? Not just taxpayers. New money is printed to cover the loss. That dilutes every dollar you already hold. The bill lands in your savings, quietly. https://vod.ageofabundance.live/ep-012/clips/x-clip-01-the-bailout-trick-nobody-explains.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Anthropic called it the largest distillation attack they've ever seen. A distillation attack is just using the model over and over. If it's usable, it's copyable. The only defense is shutting the model off. Which defeats the whole point of building it. https://vod.ageofabundance.live/ep-031/clips/x-clip-05-when-stop-copying-our-ai-means-stop-using-our-ai.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance AI is coming for white collar work. Whatever you live on next comes from someone. That someone gets to write the rules of who qualifies. Permissioned or permissionless is the only question. Bitcoin is the one thing on the permissionless side. https://vod.ageofabundance.live/ep-027/clips/x-clip-18-the-only-question-that-matters-permissioned-or-permissionles.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Failing companies are supposed to fail. That's how progress happens. When money props them up instead, Progress comes for the money itself. That's Bitcoin. https://vod.ageofabundance.live/ep-030/clips/x-clip-12-if-you-stop-progress-the-force-comes-for-the-money.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Every bank crisis ends the same way... Liquidity injections, bailouts, the banks made whole. You pay twice - in taxes, and as your money loses value. We're told the alternative is collapse. That's an argument for the system, not a defense of it. https://vod.ageofabundance.live/ep-027/clips/x-clip-09-heads-the-banks-win-tails-you-pay-the-only-rule-of-the-bailo.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Banks ask for your ID, your address, your photo, almost your blood type. In a village savings group, your NEIGHBOR is the verification. You can't run from someone who lives next door. That's accountability no paperwork can match. https://vod.ageofabundance.live/ep-029/clips/x-g02-kyc-is-a-punch-in-your-face.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Tether froze Iran's dollar stablecoins at the US government's request. Their Bitcoin couldn't be frozen. So Iran started taking Strait of Hormuz tolls in Bitcoin. One has an issuer to call: the other has nobody to call. https://vod.ageofabundance.live/ep-027/clips/x-clip-01-tether-froze-irans-dollars-irans-bitcoin-couldnt-be-frozen.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Gold can be taken at gunpoint. Cash in a safe can be taken at gunpoint. Bitcoin is INFORMATION. Nobody can prove you have any, or that you don't. That changes the math on violence. https://vod.ageofabundance.live/ep-023/clips/x-clip-24-your-bitcoin-cant-be-wrenched-out-of-you-when-its-pure-infor.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Picture the US and China agreeing to ban Bitcoin. Play the clock forward. Each side's best move: CHEAT and participate while the other bans themselves out of the network. The same prisoner's dilemma that built fiat is what breaks the ban. https://vod.ageofabundance.live/ep-026/clips/x-clip-07-why-a-us-china-deal-to-ban-bitcoin-would-still-fail.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Daniel Batten told this story: Kenji Tateiwa showed TEPCO that Bitcoin mining stabilizes their grid. They called him a genius. Then they did nothing for five years. Truth without action changes nothing. https://vod.ageofabundance.live/ep-025/clips/x-g04-tepco-called-him-a-genius-then-did-nothing-for-5-years.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Wall Street has one move with a scarce asset. Issue more claims on it than actually exist. Soon there will be more paper Bitcoin than real Bitcoin. Fractional reserve banking, all over again. https://vod.ageofabundance.live/ep-023/clips/x-clip-11-there-will-be-more-paper-bitcoin-than-real-bitcoin.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why does saving feel like a losing move? Fiat money is a prisoner's dilemma. Hold cash and inflation eats it. Spend fast and you beat your neighbor. Eight billion people forced to defect. Bitcoin is the first money that lets us cooperate. https://vod.ageofabundance.live/ep-026/clips/x-clip-20-fiat-money-locks-us-into-a-prisoners-dilemma.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Bitcoin mining isn't like other energy buyers. 80% of cost is power. Miners hunt the cheapest electricity on earth. They run anywhere a Starlink reaches. They shut off when grids need power back, says Daniel Batten. https://vod.ageofabundance.live/ep-025/clips/x-g01-three-things-that-make-bitcoin-mining-unlike-any-other.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance If you're buying AI at IPO: Claude Pro goes from $20 to $100 - a free model still gives you 80% of it. There's no moat to charge against. The investment doesn't come back. https://vod.ageofabundance.live/ep-008/clips/x-clip-06-ai-labs-can-never-charge-enough-to-make-back-their-investmen.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Think a second passport keeps your kids safe? It doesn't. You're still in the flock. Same birds, new rules, different outcome. That's what Bitcoin enables. https://vod.ageofabundance.live/ep-026/clips/x-clip-05-why-even-rich-parents-cant-buy-their-kids-out-of-this.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Good is the enemy of great. Because good doesn't hurt. Nothing pushes you to change what isn't broken. The only motivator left is curiosity. How good can this actually get? https://vod.ageofabundance.live/ep-025/clips/x-clip-11-good-is-the-enemy-of-great-ask-how-good-can-it-get-instead.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Calling yourself a Bitcoin company costs nothing. Spinning up the narrative is as cheap as printing money. It works until Bitcoin sniffs out the game. New costumes on the same naked emperor. https://vod.ageofabundance.live/ep-023/clips/x-clip-17-the-wolf-in-sheeps-clothing-companies-that-say-theyre-bitcoi.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Bitcoin doesn't change greed. Same humans, same hunger to win. Take the printer out of the money. The rules of the game flip. Now the greedy move is to cooperate. https://vod.ageofabundance.live/ep-026/clips/x-clip-04-bitcoin-doesnt-fix-human-greed-it-changes-what-greed-does.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Your logic isn't the problem. Before anyone hears you, they're running a silent trust check. Do you actually care about me? Fail that question and your best argument bounces off. https://vod.ageofabundance.live/ep-025/clips/x-clip-16-before-logic-six-silent-questions-decide-if-anyone-hears-you.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance If you're new to Bitcoin: Every financial system you've used needs someone's approval. A bank, a license - a gatekeeper. Bitcoin doesn't. It's the first one that doesn't. https://vod.ageofabundance.live/ep-006/clips/x-clip-07-nobody-needs-permission-to-opt-in-and-that-changes-everythin.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance China banned Bitcoin mining in 2021. Mining didn't slow down. It just left the country. China gave up its lead in Bitcoin to the rest of the world. https://vod.ageofabundance.live/ep-026/clips/x-clip-06-what-china-actually-lost-when-it-banned-bitcoin.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Gold bugs think Nixon was the problem. That 1971 was a fluke we can undo... It wasn't. Paper claims always build up on physical gold. Go back, and we end up right here again. The flaw was that gold has to sit in someone else's vault. https://vod.ageofabundance.live/ep-023/clips/x-clip-13-what-gold-bugs-miss-about-why-gold-failed.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Bitcoin will be adopted to fix the grid before it fixes the money. Energy failures kill on a deadline. Currency debasement is a slow fog. You can ignore it. The wedge isn't the white paper. It's the substation. https://vod.ageofabundance.live/ep-025/clips/x-clip-15-the-accident-that-landed-bitcoin-at-exactly-the-right-moment.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance When you try to cheat Bitcoin, you only cheat yourself. China tried. Vitalik tried. Bitcoin Cash tried. Priced in Bitcoin, every shortcut goes to zero. https://vod.ageofabundance.live/ep-026/clips/x-clip-11-when-you-try-to-cheat-bitcoin-you-only-cheat-yourself.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance What freed the human brain? Fire. Cooking meat cut the energy cost of digestion. That surplus built civilization. Every leap since has demanded more energy per person. https://vod.ageofabundance.live/ep-005/clips/x-clip-11-fire-unlocked-the-brain-every-energy-leap-unlocked-civilizat.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance You think you lost on the merits. You lost before you opened your mouth. The listener was running silent checks on you first. Whether you cared, whether they felt safe, whether you came to serve. Until those answered yes, no logic ever reaches them. https://vod.ageofabundance.live/ep-025/clips/x-clip-14-before-logic-six-silent-questions-decide-if-anyone-hears-you.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance The debt has to keep expanding. A country can only blame itself for so long. Then the blame turns outward: a new enemy across the border. That's not a plot, that's what made-up money requires. https://vod.ageofabundance.live/ep-022/clips/x-clip-12-when-internal-blame-runs-out-the-enemy-gets-pointed-outward.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance 12 people in a room decide the price of all the money you use. Every few months they meet at the Federal Reserve. Every other price in the economy sits on top of theirs. Red team or blue, no election moves that dial. https://vod.ageofabundance.live/ep-023/clips/x-clip-09-12-people-in-suits-decide-the-price-of-all-the-money-you-use.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance What good is being right if no one acts? Kenji Tateiwa showed Japan's largest utility how to stabilize their grid. Bitcoin mining could soak up extra power on demand. They called him a genius. Then they did nothing for five years. https://vod.ageofabundance.live/ep-025/clips/x-clip-09-the-tokyo-engineer-who-took-7-years-to-get-a-utility-to-mine.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance In Finland, entire city blocks are heated by Bitcoin mining. New pipes run from the miners straight into homes. Sauna culture got there first: heat is the product, not the waste. What people called waste is keeping families warm. https://vod.ageofabundance.live/ep-005/clips/x-clip-08-finland-is-heating-entire-city-blocks-with-bitcoin-mining.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Replacing entry-level jobs with AI is already rational for companies. A generation with no on-ramp is the result. Idle youth has always pushed governments toward tighter control - on platforms, on algorithms, on the flow of information. https://vod.ageofabundance.live/ep-023/clips/x-clip-16-ai-is-taking-the-entry-level-jobs-thats-why-control-has-to-t.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Cobalt miners hope for their kids. Genocide survivors hope for their kids. Hope is the default condition of being human. Nihilism is the rare exception, not the rule. https://vod.ageofabundance.live/ep-021/clips/x-clip-19-hope-is-the-default-condition-of-humanity.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance What do people regret most on their deathbed? That they lived someone else's life. The script is always the same: degree, job, mortgage, debt service. That script is what debt-based money needs to keep expanding. Better money hands the choice back to you. https://vod.ageofabundance.live/ep-022/clips/x-clip-09-nobody-on-a-deathbed-says-i-wish-id-serviced-more-debt.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance For ten years Larry Fink called Bitcoin a fad. Then BlackRock launched the ETF. Bitcoin returns 45 percent a year on average. The S&P returns 10. Clients won't let you ignore that forever. https://vod.ageofabundance.live/ep-023/clips/x-clip-10-why-blackrock-had-to-do-bitcoin-after-calling-it-a-fad-for-a.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance Why does inequality keep widening? New money reaches asset holders first. They get to spend it at today's prices. Wage earners only feel the inflation later. It's called the Cantillon effect. https://vod.ageofabundance.live/ep-001/clips/x-clip-08-the-cantillon-effect-explained-in-45-seconds.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance A first trillionaire was always coming. So is a quadrillionaire... Don't hate the trillionaire - hate what he has a trillion of. That's what broken money does. https://vod.ageofabundance.live/ep-021/clips/x-clip-17-the-first-trillionaire-was-inevitable-so-is-the-next-one.mp4 npub17f3jd9s63fw0rvdr0qcsze5gffc29qrymr3avejug3gd8e554rkqyc45t4 ageofabundance 1971 wasn't a policy decision. It was a bank run. France sent warships to New York to collect its gold. The US had issued more paper claims than gold existed. Nixon defaulted because he had no choice. https://vod.ageofabundance.live/ep-023/clips/x-clip-05-the-1971-nixon-shock-was-actually-a-margin-call-from-france.mp4