Inspired by nostr:npub1x458tl7h9xcxa66vr4a8pg0h2qz96pnhwnfpcra0le9090uk5t5qw7armt I’m making a new hashtag #shitcoindalio to cover the exploits of nostr:npub1xeejes6lu4scttcmzytq5wfad3e6rljpmhc3snqs89xz3jjavfasnuz3mx
Intellectual charlatanism and amorality at its finest. Balaji is so lost he does not realize how hollow his words are.
All the riches from shitcoin casinos, fake and gay acquisitions and NAKA stock dumps on retail cannot buy class. You’re still a shitcoiner and peasant until you repent.
I think it's a decent analogy
I also think Balaji is not nearly as smart as he thinks he is.
I watched one of his podcasts and it was painful. He was putting in more effort into sounding smart than into communicating something meaningful.
It seems to be common in the a16z crowd. The guys aren't stupid, but they have so much money and influence, it goes to their heads.
What did he actually contribute?
Genomics company? Gee thanks you made it easier for china to build bio weapons against the west
Earn.com? Yea that went no where but he made a nice bag
Coin base? What would the world do without a place to trade fart coin!!!
His network state book is pretty good.
I think he got networked with the right people and bought a lot of Bitcoin early and hodl'ed.
I wish I was smart enough to have done the same.
Network state is a pipe dream. It’s interesting but it’s the equivalent of pop corn. It passes as finite nutritional value but ultimately is devoid of anything real.
A lot of people bought bitcoin early. God bless them but it’s not exactly a claim to being a paragon of excellence
They're making progress:
With people like Thiel onboard, it's got a chance.
Balaji's inspiration for the network state was Theodore Herzl, the founder of Zionism:
> (The State of the Jews), which was published February 1896 to immediate acclaim and controversy. The book argued that the Jewish people should leave Europe for Palestine, their historic homeland. The Jews possessed a nationality; all they were missing was a nation and a state of their own.[32] Only through a Jewish state could they avoid antisemitism, express their culture freely and practice their religion without hindrance.[32] Herzl's ideas spread rapidly throughout the Jewish world and attracted international attention.[33] Supporters of existing Zionist movements, such as the Hovevei Zion, immediately allied themselves with him, but he also encountered bitter opposition from members of the Orthodox community and those seeking to integrate in non-Jewish society.[34] His notorious article Mauschel, published just after the first Zionist Congress, depicted Jews who oppose Zionism as constituting a despicable type of Jew and has often been described as antisemitic.[35][36][37]
What evidence do you have of progress?
If they offered you Praxis citizenship for 1 bitcoin would you make the deal?
They've got 145k people onboard, some with massive access to capital and political influence. That's a good start.
I believe all you need is a decent CV to get the lowest level of citizenship. I don't know the details of their caste system, but the highest levels could be worth more than 1 BTC, assuming it could get you access to "the club."
And what outcome do you envision this resulting in
Probably various gated housing developments / planned communities throughout the world.
Hopefully not another Gaza / West Bank.
I could see a state like El Salvador morphing into some version of a network state.
