BROADCASTS.com

Balaji Srinivasan is an angel investor, tech founder, and author of \u2018The Network State\u2019. In this interview, we discuss the idea of starting new countries ("network states\u201d), based on social networks built around a shared ideal that can monetize effectively. We also talk about how and why the media ignores major global news stories, and how to prepare for the coming collapse.

- - - -

In the past 14 years, we have seen a powerful global community built around a shared ideal. Bitcoin is obviously much more than a technical innovation: it is a vision of building a new economic paradigm from the bottom up, which shifts the centre of power from the state to the individual. Being open-sourced, leaderless and decentralised, it has proven that there are new ways for people to connect, contribute and collaborate to build new systems.

Balaji Srinivasan\u2019s latest book takes this revolution one step further, and explores the idea of starting new countries, or what he calls "network states." These network states can be formed by a group of people connected through a social network, with their own income, real estate, and even their own ideological platforms. It's like a political party, but working outside of the limits of national boundaries.

The measure of success for these network states lies in their ability to materialise their online presence into the physical world: \u201cYou do meetups and eventually you go from crowdfunding brunches to crowdfunding buildings.\u201d It challenges the traditional notion of what a country is and opens up possibilities for new forms of governance and community-building.

As legacy nations resort to ever more authoritarian methods to protect the fiat system, the importance of allocation, location and organisation to individuals will become more apparent. But, this is more than a theory. Balaji is allocating a material amount of capital to funding startup \u2018Network State\u2019 communities. The aim is to create frontier societies, providing alternatives to failed states and attracting ambitious individuals seeking a new kind of society.

\xa0

This episode\u2019s sponsors:

Iris Energy - Bitcoin Mining. Done Sustainably
Ledn - Financial services for Bitcoin hodlers
Bitcasino - The Future of Gaming is here
Ledger - State of the art Bitcoin hardware wallet
Wasabi Wallet - Privacy by default
Unchained - Secure your bitcoin with confidence