We are building the new internet on the bones of the old. Like the early attempts to build airplanes using flappable wings. We take our grandfathers' understanding of law and economics - and try to apply it to Web3. In this podcast, I describe how a new set of laws and conventions could help us break out of the 'lock in' which keeps us using New Tech (blockchains, lithium-ion, artificial intelligence, tokens) like the wood and paper of old tech. I give examples of how FinTech could change the way we live. And how 70-80 year old men simple add-on to existing law. Like taking the law on horse-driven transport and replacing the word 'car' for 'horse' in the new law. Dumb. Yet, true.