
Designing Token Economies
"Age of Miracles"
00:00
Cryptocurrency and Protocols
A less obvious comparison tho es that protocols might behave a lot more like countries than companies. Many of the things that national governments need to do, protocols need to do. The block chain protocol establishes the constitution and the governing laws of the nation state. Humans have been experimenting with economic and government structures for millennia,. We haven't nailed it yet, but we've iterated our way to better models.
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