**Summary:**
In this video, Taskmaster talks about the Age of Abundance and how the technological explosion is reshaping economics, leading to a wave of abundance globally. He criticizes mainstream media for spreading fear and negativity, particularly highlighting the FUD associated with cryptocurrencies. Taskmaster emphasizes the potential of cryptocurrency to fill the gaps in global finances and propel innovation through projects funded by technology like decentralized funds. He envisions cryptocurrency as a tool to accelerate economic growth and technological advancements, ultimately leading to an age of abundance.

**Detailed Article:**
Taskmaster starts the video by addressing the current state of technological advancement and its impact on global economics, highlighting the emergence of an Age of Abundance driven by technological growth. He criticizes mainstream media for promoting fear and negativity to attract viewers and emphasizes how this has led to skepticism towards the potential of cryptocurrencies in the financial landscape.

The discussion delves into the role of cryptocurrency in bridging financial gaps globally and challenging traditional economic theories. Taskmaster notes the impact of interest rates, monetary conditions, and global GDP rates on the overall economic landscape, underlining the potential of cryptocurrencies to reshape financial systems.

The conversation shifts towards the practicality of utilizing cryptocurrency for funding various projects, referencing platforms like Hive and discussing how decentralized funds can drive innovation and development. Taskmaster explores the potential for cryptocurrency to serve as a catalyst for growth by enabling individuals to invest in projects, research, and technology.

Furthermore, Taskmaster draws parallels between the technological advancements witnessed in recent years and the need for substantial financial backing to sustain this momentum. He explains how cryptocurrency can become a key player in funding technological innovations, such as AI, renewable energy, and quantum computing. The discussion extends to the impact of technology on diverse sectors like agriculture, emphasizing the need for financial resources to drive technological upgrades.

Taskmaster asserts that cryptocurrency has the potential to unlock significant economic growth and accelerate technological progress by providing funding for research, development, and scaling of projects. He envisions a future where cryptocurrency plays a vital role in funding essential projects that can reshape industries and lead to further innovation.

In conclusion, Taskmaster expresses optimism about the transformative power of cryptocurrency in driving economic growth and technological advancements, ultimately ushering in an Age of Abundance. He underlines the importance of leveraging cryptocurrency to overcome financial constraints and propel global innovation, marking a shift towards a more prosperous and technologically advanced future.

I agree my country was going to ban crypto but the cause of youth effort we have succeed in making crypto legal with few regulation but IRS has yet to rake effect

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 89 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-88-and-start-week-89) just started...you can now check the winners of the previous week!</center><center>!LUV</center><center><sub>2</sub></center>

I had to pause at 11:30 because you struck two chords with me back to back.

The first was using crypto profits to fund new projects.  I'd like to pick your brain regarding tokenomics of governance tokens for the project I've been working on.

The second is a little less applicable but led my on a brief journey of discovery and that was using DAOs to fund cancer research.

I recently met a lady that works at the local medical university doing cancer research, and told her about this place and she's very enthusiastic about it, but that's not the point.  The point is she mentioned her supervisor was in the process of requesting a new grant, and if you recall, I once thought it would be cook to use a DAO to buy medical patents, profit enough to incentivize, then release into the public domain, so I asked if it might be worth her time to toss a proposal on the DHF.

I don't really think our community is ready for something like that yet, but I would be very interested to see what kind of response it got as far as general discussion and who in the community would support it or not and why.

Alas, she said her supervisor would never go for it, and although we didn't come to any conclusions, we landed in the area of not even having considered how the government might react to a government funded program seeking additional outside funding, especially in regard to human testing.  I think this involves sepsis damage to the Vega nerve or something, but they also grow cancer cells for testing if I understood her correctly, but I don't know how that fits into the tests.

The point of it all is I'm very eager to see this start to unfold in the coming years and I wonder what some of our first non-monetary uses of it will be.  I hope it's something like cancer research... it'll probably be a better boner pill...