Bitcoin Vegas Exposed the Truth: Young People Can't Win in This Economy
Matt returns from the Bitcoin Conference in Las Vegas with a sobering reality check: the financial system is rigged against young people, and most don't even realize it.
In this raw conversation, the co-hosts: Soham Mehta, Matthew Black, and George Pu break down why traditional wealth-building advice no longer works and what young people can actually do about it.
In this raw conversation, the co-hosts: Soham Mehta, Matthew Black, and George Pu break down why traditional wealth-building advice no longer works and what young people can actually do about it.
What We Cover:
Bitcoin Conference Reality Check
- Why most attendees were in their 30s-40s (not young people)
- How Bitcoin became "boomer coin" despite being revolutionary technology
- The dangerous psychology of "$100K Bitcoin is too expensive"
The Government Spending Crisis
- Why neither political party will ever reduce the deficit
- How the "monkey experiment" explains why bad policies never change
- Australia's terrifying new unrealized gains tax (coming to Canada next?)
The Housing Trap Generation
- Why real estate as investment destroyed affordability for young people
- How government red tape adds $400K to every new home
- Why birth rates are collapsing (hint: it's economics, not culture)
International Perspective: Long-Term vs. Short-Term Thinking
- George's insights from Qatar and Abu Dhabi economic forums
- How monarchies think in decades while democracies think in election cycles
- Why some countries are building for 2075 while others can't plan past 2028
Practical Survival Strategies
- How to protect wealth when your own government works against you
- Why capital gains tax punishes you for avoiding currency debastion
- The brutal math: they tax you more when they screw up more
The Sovereignty Playbook
- Why keeping only 10% in your home currency makes sense
- How to minimize downside risk while maximizing upside potential
- Real examples of what young people are actually doing to escape the system
Key Insights:
💡 "The more they inflate the currency, the more they tax you for escaping it" - The perverse incentive destroying wealth
💡 "Bitcoin is divisible to 100 million sats - you can buy $1 worth" - Why the "too expensive" narrative is false
💡 "Governments never get smaller, only bigger" - Why voting alone won't fix systemic problems
💡 "Stack sats and focus on your craft" - The only advice that actually works
💡 "The more they inflate the currency, the more they tax you for escaping it" - The perverse incentive destroying wealth
💡 "Bitcoin is divisible to 100 million sats - you can buy $1 worth" - Why the "too expensive" narrative is false
💡 "Governments never get smaller, only bigger" - Why voting alone won't fix systemic problems
💡 "Stack sats and focus on your craft" - The only advice that actually works
Perfect For:
- Young people frustrated with traditional financial advice
- Anyone questioning why homeownership feels impossible
- Crypto investors wondering about generational adoption patterns
- People considering international diversification strategies
- Those who want to understand why the system feels rigged (because it is)
This episode isn't about complaining - it's about understanding the game so you can actually win it. The future is fluid, and that means you still have a say in building it.
Follow the podcast:
Follow the podcast:
Follow our co-hosts:
- George Pu: @thegeorgepu on Twitter (X)
- Matthew Black:@matthewjablack on Twitter (X).
- Soham Mehta:LinkedIn, coming soon on Twitter (X)!
