Sovereignty in the 21st Century | The Balaji Series | Episode 1 (WiM115)
The "What is Money?" Show
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The US Is Not a Nation State
The state was emergently formed, from hundreds or thousands of years of history, from these people. And the state is like the collective expression of how they resolve disputes among selves. The us doesn't have one ethenic group any more. An american would sooner burn the flag than burn a dollar. So in that kind of context, it's not that useful to talk about market failures because you have state failures. But i am not in favor of crypto anarchy so much as crypto civilization. It may be our goal but we want to figure out what crypto civilization looks like.
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