5min chapter

Nostrovia - The Original Nostr Podcast cover image

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

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode