balajis
@balajis.eth
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.
3 replies
16 recasts
76 reactions
Jesse Pollak 🔵
@jessepollak
💯
0 reply
0 recast
5 reactions
