TFTC: A Bitcoin Podcast cover image

#430: Bitcoin vs the $156 Trillion Global Payments Industry with Sam Wouters

TFTC: A Bitcoin Podcast

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The Reasons Why Bitcoin Is a Low Number

In China early on there were lots of like that they essentially started first with the lock down so you started reading these stories about how they would sort of internally in a building organize themselves through a chat app. You know it's kind of like almost like the UTXO model in Bitcoin where you know one UTXO could actually be held by someone who was holding Bitcoin for lots of different parties. In a similar way you'll see lots of that in the physical world as well where you know there's that one tech savvy person who does does the online payments for their entire family for example and when you survey a whole group then I might say well I didn't do any digital payments but you

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