Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by nexor.io and BitStamp and produced and distributed by CoinDest.

What's going on, guys? It is Sunday, May 30th, and that means it's time for Long Reads Sunday.

Recently, we have had a lot of heavy Long Reads Sundays. We've countered Bitcoin's utility

fud by seeing how Bitcoin is used in politically difficult countries around the world.

We've discussed the geopolitics of central bank digital currencies.

I thought for this holiday weekend, we'd get a little more out there and talk about not places

and political groups that exist today, but what might exist in the future.

In the same way that the internet has now evolved native digital currencies

that don't belong to any one company or geographic region, it strikes me as nearly unfathomable

that it won't also develop native organizational forms. Obviously, we're watching a lot of the

proto versions of those efforts with DAWS. How do you add resource coordination layers to informal social networks?

There are many, many steps left to evolve here, and obviously a huge range of networks and

communities and people doing so. And for today's LRS, I'm going to read a recent piece by

past guest Balaji Shrinivasin on one version of how this might all look in the future,

the network union. The network union.

The network union is the antecedent of the network state, a social network with a blockchain,

a leader, and a purpose. We know how to start new communities, new companies, and new currencies,

but the process of founding new cities or countries may require new ideas. Here, we describe an abstraction we call the Network Union, a social graph organized in a tree-like

structure with a leader, a purpose, a crypto-based financial and messaging system, and a daily

call to action.

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