If bit coin is legal in a country, then it's a democracy because it permits freedom to exit and freedom to transact. If picuin is not legal, or if it's restricted, then it’s a limited democracy,. Or flaw democracy, or non democracy. And this what i like about this is very clean, ok? You can relate it to a global moral right. An individual in the country can tell you how restricted it is. Pretty simple to understand thing. How legal is becoin? Right? And bicoin. The reason i say biccoin specifically is it's, you know, it's on track. We will see if it can actually get there
Balaji Srinivasan makes a return appearance to The Knowledge Project, this time to go in-depth on Web3, Crypto, and the state of the world today. Srinivasan offers his unfiltered thoughts on the advantages and disadvantages of established democracies, the Russia-Ukraine situation, housing as an investment, education, legacy wealth, and which country he would bet on to dominate the future.
Srinivasan is the former CTO of Coinbase and General Partner at Andreessen Horowitz, and is an early investor in many successful tech companies and crypto protocols. He is also the author of the book The Network State: How To Start a New Country, set for release July 4, 2022.
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