152. Bitwage with Jonathan Chester
The Bitcoin Standard Podcast
00:00
KYC - What Is the Policy?
A lot of people have gotten burned from the idea that they think blockchain is like decentralization pixie dust and you just sprinkle it on your startup. The division of labor, if you understand how the division of labor works, you realize that there's only one circular economy in the world and that is the world economy. You can't just find a computer seller who makes Bitcoin and let's find a car maker who takes Bitcoin. That doesn't really solve anything because those people are part of the global supply chain. They need to interact with the world at large. And so, you know, there's that beautiful article I got called I Pencil? It explains how many people does it take
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