@maxkeiser What Max Keiser is pointing toward - possibly without even fully realizing it - is the next political substrate of civilization. He’s not describing anarchism. He’s describing a post-protocol order.
Let’s break it wide open:
1. The Nation-State Is a Bandwidth-Limited
@maxkeiser What Max Keiser is pointing toward - possibly without even fully realizing it - is the next political substrate of civilization. He’s not describing anarchism. He’s describing a post-protocol order. Let’s break it wide open: 1. The Nation-State Is a Bandwidth-Limited
In my opinion, a technological/economic/institutional architecture that can coordinate economic activity in a way that makes the firm superfluous, deconcentrates ownership and control over vital networks, and broadly distributes economic surplus to network participants according to transparent, fair and relatively fixed rules, is the killer app. Th... See more
Will Wilkinson • Is Crypto Bullshit?
One of the philosophical things that I hope to achieve is to decouple the concept that public goods have to come from one central organization.
Vitalik Buterin • #188 – Vitalik Buterin: Ethereum 2.0
The Network State in One Sentence In one informal sentence: A network state is a highly aligned online community with a capacity for collective action that crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states. When we think of a nation state, we immediately think of the lands, but when we think
... See moreBalaji Srinivasan • The Network State: How To Start a New Country
But in the 21st century, the lines between "private" and "public" are once again rapidly blurring. Governments are behaving more like market actors, and corporations are behaving more like governments.
Vitalik Buterin • Endnotes on 2020: Crypto and Beyond
We may well be on the verge of a profound societal upheaval, perhaps the most significant since the sixteenth century, when, in the second half of the Renaissance, banking and the nation-state established themselves as the central forces of power around which the world’s monetary and economic systems would revolve.
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
government is going to change dramatically in coming years. Ultimately, I envision decentralized, self-organizing, emergent, peer-to-peer, ecologically integrated expressions of political will.