1min chapter

Nostrovia - The Original Nostr Podcast cover image

Bitcoin and China with Joseph Wang

Nostrovia - The Original Nostr Podcast

CHAPTER

The Donkey Cart Problem With Bitcoin

People are so used to it, people didn't realize how messed up it is. Once you start looking into how things work in the financial system, you just realize how like antiquated and messed up everything is. That's actually what's got me interested in Bitcoin because the whole thing with distributed ledgers is the way of the future. But that's actually the hard part. The hard part is not the new technology. I call it the donkey cart problem - okay, somebody's invented jet engines and we have this donkey cart. How do you like fit the jet engines to the donkey cart? Because I mean, if you just strap jet engines to a donkey cart, you're going to

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