4min chapter

Life Itself Podcast cover image

Richard D. Bartlett & Stephen Reid on Critical Exploration of Web3

Life Itself Podcast

CHAPTER

The State Is Solving a Public's Goods Problem

In normal life you have the state, and it's going to make you pay taxes. In a perfect anarchist paradise i'd also have some outside option that was plausible where i could go live somewhere else and start my own society if i didn't like the rules here. The answer in etherium or others is that etheorium will take over the world,. Everything i want to do on line will involve interaction with this block chain at that point. It sounds pretty coercive to me. And it's an idea that would only work when ethereum hous or some other block chain layer has such a level of penetration in the inner that i have to use it.

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