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Bitcoin and China with Joseph Wang

Nostrovia - The Original Nostr Podcast

CHAPTER

The US Is Trying to Isolate China, the US Is Fighting the Last War

The US is trying to line up all the, I mean, part of it is that the US is fighting the last war. They're trying to treat China as if it was the Soviet Union when it's not. And this affects how Bitcoin works because fundamentally Bitcoin is a way of frictionless borders. With Bitcoin and with crypto, you can act with Bitcoin and crypto. You can actually send money seamlessly anywhere around the world. But at one level, this kind of worries the Chinese government because it's like, well, can't like bad people send money to like people in China and sort of undermine the Communist Party? It will probably end up doing the same thing with Bitcoin that instead of

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