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Thomas
@aviationdoctor.eth
Ahead of the Network State conference in Singapore this coming Sunday, the BBC News drops this article titled "The crypto bros who dream of crowdfunding a new country": https://www.bbc.com/news/articles/cwyl171lyewo TL;DR (GPT-generated): The article discusses a movement led by tech entrepreneurs like Balaji Srinivasan that envisions "network states," where tech startups form new, self-governing countries. These digital-first communities would replace traditional governments, operating with their own laws and currencies. Critics see it as corporate overreach, potentially leading to authoritarian regimes. The idea is compared to past corporate control of nations, while projects like Próspera in Honduras and Praxis in the Mediterranean are cited as early experiments in this vision. The movement mixes tech innovation with controversial alt-right ideals.
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antaur ↑
@antaur.eth
the biggest headscratch for me: why would a network state have a CEO? The CoordiNation I'd co-found and fund would be self-organised to boot with.
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Thomas
@aviationdoctor.eth
CEO? You mean Balaji? He just wrote a book on the concept, it got traction, and now he runs this annual conference. He’s not the CEO of network states in the same way that Vitalik isn’t the CEO of Ethereum. AFAIK he’s not even involved with any of the various pop-up cities that actually attempt to test the concept (Edge City, Esmeralda, Próspera, Vitalia, Zuzalu, etc)
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antaur ↑
@antaur.eth
Sorr, I wasn't clear in my message: I meant the journo who wrote this piece...what makes them think that network states will be run like corporations helmed by a CEO?
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Thomas
@aviationdoctor.eth
Ah, I get it now. Yes, it feels like they didn’t really grasp the concept nor interview the relevant people
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