Ubi was a Decentralized Market Making Process

A year ago, we launched The Deep End with Balaji Srinivasan as one of our first three guests. In the episode, he discussed the impending arrival of The Network State. Flash forward to this Monday on the fourth of July when Balaji released his book “The Network State: How to Start a New Country.”

In a single sentence, a network state is a highly aligned online community with a capacity for collective action that crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states.

In this episode, Saagar Enjeti (another past guest of the show) and Marshall revisit some of the themes from last year’s Deep End episode and try to better understand Balaji’s frameworks for understanding the futures of tech and nation states. Let’s dive in to this syndicated episode from The Realignment, Marshall's other podcast.