3min chapter

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#99 — The Archbishop of Crypto — Balaji Srinivasan

Magic Minds

CHAPTER

How to Build a Parallel Financials System?

This is a parallel system. It's like crypto, right? Rather than building a parallel financials, and you're building a parallel political and media system. Legitimacy just comes from the fact that you are delivering public goods in a way that others are not. The tricky part, of course, is you're going have to be so much more efficient. Syou can ave to be ten or a hundred x better in terms of capital use. But i don't actually think that's that hard in ial ge because these governments are getting zero done rit. So you can be massively better, especially if you're offering didial services like child care. Chil care

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