Ricky Zhang | Age of Abundance

We pay fees to accept money that's losing value. Say that out loud. It should sound broken. That's how you know the money itself is the thing that has to change.

MySpace got replaced by Facebook. So why won't Bitcoin get replaced by another coin?

Two money systems are being built side by side. One decides what your money is allowed to do... The other hands you back your time. Every government drifts the same way. The walls get tighter. You'll watch both, and you'll have to pick.

If you've been told deflation is dangerous: That's only true if GDP is your yardstick. Change the yardstick to quality of life. Slower spending isn't a crisis. It's the point.

Thank you for paying for my first class flights for ten years. I pressed buttons and credit cards arrived in the mail. The champagne in the sky was real. Funded by merchant fees, baked into every price you pay.

Bitcoin isn't crypto. It isn't digital gold. It isn't get rich quick. It's money for 8 billion people. And most of them have never heard that once.

You vote every four years. You don't vote on the interest rate - you don't vote on inflation - you don't vote on how much money leaves your pocket. The ballot doesn't touch the things that shape your life. Fixing the money is how you finally get a say.

Nobody votes for the politician who says let it all collapse. Not you, not me. So we kick the can down the road. We accept 2 percent inflation. And indebt our kids instead of ourselves.

Why does everything get more expensive every single year? It comes down to the money we use.

There's no villain in the money system. Not corporations, not billionaires, not the other side. We were born into it. We kept it running. The hard part isn't finding someone to blame. It's realizing the only finger left points at you.

Strongmen keep winning for a reason. It's not that voters are stupid. Fiat money squeezes people every year: rent, groceries, debt - the pain needs someone to blame. Fix the money and the loudest voices stop being the angriest.

From Prince of Travel to Age of Abundance: Fireside Chat with Ricky Zhang, Live in Vancouver teapawt.net/i/broadcasts/2YREkqYAY…

If Bitcoin is the one, why are there thousands of other cryptos?

A trillion dollars is one finger on one button. No work, no energy, no cost - just a keystroke at the top of the pile. Bitcoin costs REAL energy for every coin that exists. One is an accounting entry, the other is anchored to physics.

There's a reason the economy is K-shaped. And somebody explained it almost 300 years ago.

Why doesn't Elon's abundance talk land? He's the biggest winner of a debt-based system. That system's business model is SCARCITY. Abundance can't come from the people it enriches.

Why do four crises hit at once? Debt, housing, cost of living, frayed community. It's not four problems. It's one. Ever-expanding debt in a debt-based money system. Running faster to stand still is theft of human time.

Why does tech keep improving while life gets harder? Humans were the bottleneck on output. AI removes the bottleneck. Bitcoin keeps the gains from being printed away. For once, more productivity can actually mean more abundance.

Did the blue wave lower your rent? It didn't. It won't. The debt-based system has to expand debt forever. That's math, not politics.