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Rise of The Network State

Rise of The Network State

058 // Tech & Blockchain

George Samuels
July 20th, 2022

Happy Hump Day!

Yesterday, I stumbled upon the following article:

Afropolitan raises millions from Balaji Srinivasan and others to build a digital nation – TechCrunch

Last April, Balaji Srinivasan, a high-profile figure in the crypto space and the ex-CTO of Coinbase, wrote a piece titled “How to Start a New Country” in the 21st century. His view was that this new world — The Network State — would give millions of people a fresh societal and financial start free …

https://techcrunch.com/2022/06/20/afropolitan-raises-2-1m-to-build-a-digital-nation-backed-by-balaji-srinivasan/

This comes at a time as I hear more and more about the rise of the "Network State."

If you're not familiar with it, check out the free online book here. It was created by a guy named Balaji Srinivasan, who actually mentioned Tuvalu (my grandmother's homeland) in a tweet back in mid-2021:

I don’t know if the answer is El Salvador, Tuvalu, or another state that has the right combination of size & moxie to drive recognition of crypto as legal tender.
But if we compare budgets of the smallest countries to (say) DAOs, it absolutely looks like a deal is possible... http
— Balaji Srinivasan (@balajis)
Jun 6, 2021

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