Innovation requires a couple of things. One of the things that it seems to require decentralization.

I don't think it's a coincidence that the Athenian city states, the Italian city states,

or even the United States, when it was more free form and less federal government control

or hotbeds of innovation. Because you had lots and lots of competition, people could switch

from one state to another if their ideas weren't welcome and there was a robust competition of ideas.

The real diversity that matters is diversity of ideas and that diversity of skin color.

You also need a frontier. You need something new to explore. Either an intellectual frontier

or physical frontier. We've occupied California. If anything, now California is the institution,

the establishment and the longer the front of the Wild West. Maybe we need one in space. Maybe

we need intellectual ones like we have in cryptocurrencies. It's a nature of Wild West that they're

always filled with scammers. They're always filled with crimes. They're always filled with very strange

and odd things because they tend to attract a weird crowd. But at the same time, it is where a lot

of the innovation is going on. I see a lot of lamenting from old school scientists and entrepreneurs.

Where are the new entrepreneurs welcome? I think Paul Graham tweeted this the other day. He's the

white commentator founder, brilliant guy. He said something along the lines of Steve Jobs today

wouldn't be able to get a job or wouldn't be able to survive at a Silicon Valley company. He'd

be canceled by his own team. But Steve Jobs today would be in crypto. He'd be in crypto with all

the scammers and all the criminals and all the weirdos. But at least there, he'd have a space to be

weird. He'd have a place to be different. He'd have a place to try new things without having to

constantly answer to someone. There's a pendulum between centralization and decentralization. For

example, if you look at the crypto world, centralized finance ends up very ossified. You have the

government and the regulators telling you exactly what you can and can do. You get regulatory

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