Chapter
The Cultural Disconnect Between Traditional Finance and Cryptocurrency
1:15:59 - 1:21:59 (06:00)
In this conversation, the host talks about the cultural disconnect between traditional finance and cryptocurrency and how traditional financial people often hate the people in the crypto community and don't want to learn from them.
Clips
Smart contracts have the potential to facilitate cross-border transactions for individuals who lack access to affordable legal counsel.
1:15:59 - 1:19:53 (03:54)
Smart contracts
Summary
Smart contracts have the potential to facilitate cross-border transactions for individuals who lack access to affordable legal counsel. However, connecting smart contracts to the real world poses a challenge for the traditional financial industry.
ChapterThe Cultural Disconnect Between Traditional Finance and Cryptocurrency
Episode#244: The Quiet Master of Cryptocurrency -- Nick Szabo
PodcastThe Tim Ferriss Show
Blockchain technology can be used to transform traditional paper-based processes and create a hybrid system that leverages both.
1:19:53 - 1:21:59 (02:06)
Blockchain
Summary
Blockchain technology can be used to transform traditional paper-based processes and create a hybrid system that leverages both. Collaboration between traditional finance and blockchain experts is the key to making this happen.