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A Primer on Balaji’s “Network State”

The Breakdown

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Crypto Currency - A New State or a New State?

A new country is one that is diplomatically recognized by other countries as a timate polity capable of self determination. A state with enough such bilateral relationships would have the social significance to gain accession to a group of pre existing states like a s, e a n, the o a s or the united nations. This combination of numerical and society metrics matches the emergence of crypto currency,. Within five years after its invention, bit coin attained a billion dollar market capitalization on c and b c in bloomburg. Could a start up society follow a similar path? Yes. We can digitally sew these disjointed enclaves together into a new kind of polity that achieves diplomatic recognition,

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