balajis
@balajis.eth
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
3 replies
7 recasts
51 reactions
balajis
@balajis.eth
More seriously, Iām actually writing on this topic but let me offer a few quick remarks. First, blockchains are digital governments. They provide property rights, contract laws, and verifiable identities across legacy borders. That is *intrinsically* political: it replaces states. https://warpcast.com/ted/0x8fa0f9
4 replies
1 recast
9 reactions
timdaub
@timdaub.eth
I actually think is this is hand-wavy. I agree that blockchains provide all of these properties but there are tons more functionality states provide that blockchains donāt and probably never will.
1 reply
0 recast
1 reaction
chandresh šŖ“
@chandresh.eth
@tim i like this train of thought, we should expand on this as much as anyone wants to believe blockchain can replace governments, they *just* can't and not only at a state level, even at a small school level or a society level or a farm level, there are many decisions that cannot happen on blockchain
1 reply
0 recast
2 reactions
TheThriller š© Adam Miller
@thethriller
I donāt think anyone is suggesting everything can literally happen on the Blockchain, but the Blockchain provides the substrate on which we keep the information and enforce decision making processes 
0 reply
0 recast
1 reaction