Balaji S. Srinivasan — The Community State and The best way to Begin a New Nation (#606) – The Weblog of Creator Tim Ferriss

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“A community state is a social community with an ethical innovation, a way of nationwide consciousness, a acknowledged founder, a capability for collective motion, an in-person stage of civility, an built-in cryptocurrency, a consensual authorities restricted by a social good contract, an archipelago of crowdfunded bodily territories, a digital capital, and an on-chain census that proves a big sufficient inhabitants, earnings, and real-estate footprint to realize a measure of diplomatic recognition.“

— Balaji Srinivasan

Balaji S. Srinivasan (@balajis) is an angel investor and entrepreneur. Previously the CTO of Coinbase and common companion at Andreessen Horowitz, he was additionally the co-founder of Earn.com (acquired by Coinbase), Counsyl (acquired by Myriad), Teleport (acquired by Topia), and Coin Heart.

He was named to the MIT Expertise Overview’s “Innovators Below 35,” gained a Wall Avenue Journal Innovation Award, and holds a BS/MS/PhD in Electrical Engineering and an MS in Chemical Engineering, all from Stanford College. Balaji additionally teaches the occasional class at Stanford, together with a web based MOOC in 2013, which reached 250,000+ college students worldwide.

His new guide is The Community State: How To Begin a New Nation. You too can learn it free of charge at 1729.com.

Please take pleasure in!

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The transcript of this episode will be discovered right here. Transcripts of all episodes will be discovered right here.

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#606: Balaji S. Srinivasan — The Community State and The best way to Begin a New Nation

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Need to hear Balaji’s final time on the podcast? Take heed to our dialog right here, by which we mentioned “actual” journalism, DeFi dangers and rewards, potholes on the highway to a utopian decentralized world, transhumanism versus anarcho-primitivism, Bitcoin versus gold, the issues with a 51-percent democracy, angel investing within the twenty-first century, COVID classes realized, and rather more.

#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Tendencies, Bitcoin Mining as Power Storage, Reputational Civil Battle, and Maximalism vs. Optimalism

What was your favourite quote or lesson from this episode? Please let me know within the feedback.

SCROLL BELOW FOR LINKS AND SHOW NOTES…

SELECTED LINKS FROM THE EPISODE

  • Join with Balaji S. Srinivasan:

Web site | Twitter | 1729.com

SHOW NOTES

Word from the editor: Timestamps shall be added shortly.

  • The present state of crypto and total markets
  • Market depth and the Overton window
  • The challenges of figuring out attainable tendencies
  • Does transhumanism want rebranding?
  • Augmented actuality glasses: the subsequent huge factor?
  • Rethinking Icarus from a transhumanist, pro-innovation perspective
  • DALL-E 2 as a compact programming language
  • Peter Turchin and cliodynamics
  • What’s a community state?
  • People prefer to struggle over borders — even after they’re invisible
  • American anarchy
  • Bitcoin vs. gold as an inflation hedge
  • What must occur for Bitcoin to behave in the way in which Bitcoin holders would really like it to behave?
  • Society as a service: how the institution of a community state may succeed — with out devolving right into a cult
  • Chinese language management
  • Missionary over mercenary; innovation over top-down management
  • India’s upward tendencies
  • Institution disdain for tech interlopers (and the sensation is mutual)
  • Parting ideas

MORE BALAJI SRINIVASAN QUOTES FROM THE INTERVIEW

“The worst factor to do is purchase an asset when it’s within the information and promote it when it’s within the information.”
— Balaji Srinivasan

“Tremendous soldier serum is actual.”
— Balaji Srinivasan

“The Wright Brothers have been proper. Icarus is a fable.”
— Balaji Srinivasan

“A community state is a social community with an ethical innovation, a way of nationwide consciousness, a acknowledged founder, a capability for collective motion, an in-person stage of stability, an built-in cryptocurrency, an archipelago of crowdfunded bodily territories, a digital capital, and an on-chain census that proves a big sufficient inhabitants earnings and actual property footprint to realize a measure of diplomatic recognition.”
— Balaji Srinivasan

“Democrats will solely marry Democrats to the next share and Republicans are tending to solely wish to marry different Republicans. That has been rising. The factor is that you just iterate that out one technology and what occurs? That turns into ethnicity. Ideology turns into biology.”
— Balaji Srinivasan

“They see a border, they struggle over it. And you’ll see, for instance, the Franco-German border between France and Germany. The border you possibly can’t see is the border between Twitter and Fb.”
— Balaji Srinivasan

“Solely these property that may’t be frozen or seized are your property. And Bitcoin has a root system that extends approach outdoors america to lots of of hundreds of thousands of individuals around the globe [who] worth it. And that isn’t the case on your frozen property on a inventory change, on your worthless {dollars}.”
— Balaji Srinivasan

“If, within the 2010s, social media turned what all politics is about, by the tip of the 2020s, cryptocurrency turns into what all politics is about. You won’t be able to fund your authorities with out it.”
— Balaji Srinivasan

PEOPLE MENTIONED

The Tim Ferriss Present is one of the preferred podcasts on this planet with greater than 700 million downloads. It has been chosen for “Better of Apple Podcasts” thrice, it’s typically the #1 interview podcast throughout all of Apple Podcasts, and it has been ranked #1 out of 400,000+ podcasts on many events. To take heed to any of the previous episodes free of charge, take a look at this web page.