
The Network State: How To Start a New Country

combination of (a) ruinous inflation followed by (b) a soaring BTC/USD price and then (c) the attempt by an insolvent federal government to seize Bitcoin from citizens.
Balaji Srinivasan • The Network State: How To Start a New Country
The left programs the minds. The priests and journalists, the academia and media, they imbue the warriors with a sense of righteous purpose. They also justify the conflict to the many bystanders, convincing them to either not get involved — or to get involved on the warriors’ side. In this concept of left, the priests transmit a revolutionary zeal
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It’s not merely an edit to the state, it’s the end of the state. And it’s a push from an
Balaji Srinivasan • The Network State: How To Start a New Country
You’re founding a startup society. You begin as a network union, maybe crowdfund territory to become a network archipelago, and could someday grow into a network state. All of these are types of parallel societies.
Balaji Srinivasan • The Network State: How To Start a New Country
Like the strike, the cancellation is a collective action that seems to help the “marginalized”, by redistributing status from the hated oppressors to the cancellers. The likes, retweets, and followers get redistributed in real-time. Over the medium term, however, cancellation actually harms the “marginalized” because (a) everyone can now cancel eac
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If a startup begins by identifying an economic problem in today’s market and presenting a technologically-informed solution to that problem in the form of a new company, a startup society begins by identifying a moral issue in today’s culture and presenting a historically-informed solution to that issue in the form of a new society.
Balaji Srinivasan • The Network State: How To Start a New Country
You can’t really learn something without using it. One day of immersion with a new language beats weeks of book learning. One day of trying to build something with a programming language beats weeks of theory, too.
Balaji Srinivasan • The Network State: How To Start a New Country
Thus, the concept known as “tokenomics” arose: setting up the financial and social incentives of a new cryptoeconomic community in a user- and organization-aligned way.
Balaji Srinivasan • The Network State: How To Start a New Country
Read Kai-Fu Lee’s AI Superpowers and then read this, this, and this.