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41 - Crypto-Civilization | Balaji Srinivasan

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Bankless

Technology, News, Tech News

4.71.2K Ratings

🗓️ 30 November 2020

⏱️ 128 minutes

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A Crypto Civilization | Balaji Srinivasan

No one blends the academic, startup, & venture world quite like Balaji Srinivasan. With multiple engineering degrees, multiple exits, being early into Bitcoin, selling a company to Coinbase, being CTO to Coinbase, Balaji lives on the cusp of the frontier of human innovation. 

Rumor is that he’s trying to create a digital country, we’re gonna talk about it. 

- Legacy of COVID creating distrust In Institutions 
Balaji thinks that the world is ready for new institutions and that the movement of time is to generate new solutions rather than repair old ones. 

- ‘Crypto-civilization’, or what Balaji calls: The Network State
The leveraging of the most useful modern technology and coordination tools, to produce structurally independent organizations 

- Digital Nations vs the Nation-State
How might this independence generate friction with the status quo?

And of course, how does a new 'crypto civilzation' actually manifest. 

Balaji is a real Big Brain thinker, so strap yourself in!

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

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Transcript

Click on a timestamp to play from that location

0:00.0

This is how to get started, how to get better, and how to front-run the opportunity.

0:23.6

This is Ryan Sean Adams, I'm here with David Hoffman and we're here to help you become

0:29.1

more bankless. David, we just had Belaji Shrinvasana on what a fantastic episode.

0:35.8

I was going to ask you what we covered but I almost feel like asking you like what didn't we cover?

0:41.9

We talk a lot on the bankless podcast about Bitcoin and Ethereum being neo-nations,

0:47.1

right? Different new types of organizational structures and I thought that I think that's a

0:52.1

really compelling thesis and that's something that we've been sharing readily on the bankless

0:56.0

program. Belaji takes this a big step forward and Ryan, you called Belaji the guy that thinks a

1:02.5

decade ahead of everyone else and so Belaji is taking that metaphor that like you know these things

1:07.5

are kind of digital nations and he's pondering the idea of what happens if we make a real nation?

1:13.0

What happens if we make a real country? A country that starts in the cloud and then actually

1:17.7

manifests itself somewhere in the world with a sourcing of capital to purchase property and then

1:22.5

actually construct a real country. That's not a joke. Belaji is actually having this thought about

1:28.4

how to make a real country and so since we talk about this on the bankless podcast all the time,

1:33.0

it was just a perfect fit to get him on the show to talk about how do we go from a metaphorical

1:38.1

country in the clouds to a real country on land. So that's what we covered in this very ambitious

1:43.9

podcast. I expect this podcast to sound unrealistic to you. Maybe, yeah, maybe even a little bit crazy

1:52.0

but that's what happens when you have a conversation with basically like someone who feels like a

1:57.6

time traveler, David. It's like, I mean, if you heard Belaji when he first got into crypto and

2:04.7

Bitcoin, right? At the very inception of things, Bitcoin is a completely bonkers crazy idea,

2:13.0

right? Or even DeFi and Ethereum, completely crazy bonkers ideas. The fact that a Uniswap

2:21.1

can deliver four billion in trading volume and it's a tiny protocol written by one individual

...

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