Network States

Welcome to @balajis.eth!

He’s kindly agreed to do an AMA. Reply with your questions. :)

What are some issues on which you disagree with the "median elite Indian" perspective the most?

What are some issues on which you disagree with the "median SV-based tech VC" perspective the most?

Biggest is probably the continued bet of SV-based tech VCs on SF/CA/USA.

I’ve come to understand though that this is a platform issue. It’s almost like people getting locked in to MySQL or Ruby. They have made a large collective capital investment in a jurisdiction. Changing that requires huge incentives. (cont.)

Crypto can also fund more radical projects like life extension and decentralized AI tech that DC/Beijing may not like.

So depending on how things go, it’s possible that we get “SV tech”, “Chinese tech”, and “crypto” as the American, Chinese, and global tech spheres respectively.

Even if one may make arguments for going global, SV is doing what they know, which is fine.

Fortunately, crypto isn’t just a source of tech, it’s also a source of capital. And in the next 1-2 run ups it may be the most liquid capital in the world, comparable to DC and Beijing-controlled capital pools. (cont.)