Bankless 17 - A Bankless Nation (Part 1)
Jun 15, 2020
The conversation kicks off with an alien's perspective on human coordination, tying it to historical advancements. They explore the exciting idea of a 'bankless nation,' viewing it as a new way to unite beyond traditional states. As they discuss nations as living organisms, the challenges of central governance come into play, emphasizing the need for new systems amidst rising populism. The episode highlights digital nations like Ethereum, showcasing how cryptocurrencies can reshape governance and enhance human collaboration.
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Crypto's True Essence
- Crypto isn't just about blockchains or cryptocurrencies.
- It's about coordination between different stakeholders like builders, community members, investors, and developers.
Digital Nations
- Blockchains are just databases; crypto is about coordination and cooperation.
- Think of Bitcoin and Ethereum as digital nations built on shared protocols.
Coordination is Key
- Humanity's primary goal is coordination, enabling progress from tribes to digital nations.
- Nations are broader than nation-states, encompassing tribes and online communities.
