brypto

One of the best use cases for crypto is to give the business sector a foundation to build on that’s harder for the state to capture. Even with control of fiat exchanges as choke points, crypto gives entrepreneurs with sufficient courage a way to build planetary businesses (not necessarily big — minimum scale is a multisig corporate wallet without single-jurisdiction control) that can gradually become independent of traditional territorial politics. This is necessarily a globalist, cosmopolitan posture because even the most powerful superpower derives its political and military power from a territorial base plus projection capabilities. Even when there are correlated global waves, when many states are swinging right or left in concert, state capture of commerce can be resisted. This is because states have a fundamentally vertical grain, serving a territorially identified population, while commerce has a horizontal grain, serving participants of evolving planetary value webs.

In a moment where crypto feels at best rudderless and at worst nihilistic, this is a great articulation of why it matters

Business cannot be decoupled from geo without crypto. Even MNCs capitulate under pressure

Alignment with the presently winning team is a local maxima. Global maxima is non-alignment and “net neutrality”

sounds good in theory but no one wants to run a business on a transparent chain