balajis

@balajis.eth

44 Following

3363 Followers

balajis pfp

First post. thenetworkstate.com

2 replies

2 recasts

37 reactions

balajis pfp

Outstanding piece by @js, one of the best I’ve read this year. https://stark.mirror.xyz/n2UpRqwdf7yjuiPKVICPpGoUNeDhlWxGqjulrlpyYi0

15 replies

53 recasts

189 reactions

balajis pfp

Be both conscious idealist and brutal realist.

3 replies

5 recasts

38 reactions

balajis pfp

Politics is about changing the rules.

7 replies

2 recasts

39 reactions

balajis pfp

Gray Tribe is not the same as US citizen. It overlaps, but it is not the same. An Ethereum dev in Brazil is not a US citizen but is a member of Gray Tribe. Conversely, an anti-tech journo may be a US citizen but is not a member of Gray Tribe.

2 replies

0 recast

15 reactions

balajis pfp

It’s all tribes. Not ideologies. Not countries. Not borders. Not even leaders. Just tribes.

18 replies

30 recasts

117 reactions

balajis pfp

Our society has no problems and the other guys are incompetent. Also, all the many problems in our society are secretly caused by the other guys, through their highly competent psyops.

1 reply

0 recast

15 reactions

balajis pfp

Big fan of George Washington. He organized a successful rebellion against the most powerful empire in the world. The Brits who called him traitor grew to respect him. And the state he founded eventually exceeded its progenitor, as the sun set on the British Empire. Good role model! https://warpcast.com/ted/0x8fa0f9

5 replies

9 recasts

79 reactions

balajis pfp

Can we implement Zkarma on Farcaster? Zkarma is like Zcash. Zcash transfers money privately from one account to another. But Zkarma would transfer accumulated *likes* privately from one account to another. If we can, it enables the pseudonymous economy. See: https://twitter.com/ATabarrok/status/1400890663386767363

11 replies

18 recasts

108 reactions

balajis pfp

Prediction markets as the new polls? Every Warpcast user has a linked wallet and balance. So you could pin a specific prediction market to the top of a channel, or post in a cast, and allow people to express opinions with microtransactions. @dwr.eth @v

19 replies

4 recasts

82 reactions

balajis pfp

Some people think technological acceleration will bail out the current political order. We’ll grow our way out! Or so the logic goes. But did streaming bail out Blockbuster? Did smartphones bail out Nokia? Or did the Industrial Revolution bail out the monarchy? The growth did come. But so did the disruption.

12 replies

14 recasts

80 reactions

balajis pfp

Something I’ve been thinking about is using onchain reputation to regulate decentralized exchanges. For example, you only allow a wallet to even *place* a limit order if they link a yourname.eth with enough reputation. Trade with Farcaster/Interface users only?

18 replies

11 recasts

65 reactions

balajis pfp

Want a Farcaster client that experiments with public and private AI sentiment analysis. Public sentiment: tag post as funny, angry, informative, etc Private sentiment: same thing, but *before* someone posts If channel-specific, would completely change incentives around social media.

3 replies

2 recasts

34 reactions

balajis pfp

Decentralization is abstract. But control is concrete. Who is in control of a digital system? Can someone delete you? If they can, it’s centralized. If they can’t, it’s decentralized.

7 replies

10 recasts

52 reactions

balajis pfp

Just need to scale before the state fails…

4 replies

0 recast

32 reactions

balajis pfp

Blockchains are most useful as a tool to innovate in regulated industries. You build a parallel state onchain that subsumes the function of the agency you are competing with. Legitimacy comes from millions democratically opting into the new system. Capital to defeat the old system comes from asset appreciation.

6 replies

32 recasts

119 reactions

balajis pfp

Your tribe is the set of all people that (a) you consider to be part of your tribe and (b) who consider you to be part of their tribe. This isn’t a theoretical construct. You can actually enumerate your tribe members from your social graph. Exercise: to what extent does your tribe correspond to national borders?

7 replies

5 recasts

34 reactions

balajis pfp

Does anyone have a script that will download and print the entire Farcaster social graph?

14 replies

11 recasts

52 reactions

balajis pfp

First ENS-native social network! Congrats to @dwr.eth @v and @nick.eth for ENS itself. Thoughts: 1) Adding ENS registration & profile editing may be a good next step. 2) If Farcaster becomes default ENS — if one can *assume* everyone on the network has an ENS name — much functionality gets unlocked.

12 replies

42 recasts

180 reactions

balajis pfp

Today, billions of likes per day. Tomorrow, billions of onchain likes per day.

14 replies

4 recasts

65 reactions