This was one of the most interesting & captivating interviews I've seen in at least the last few years, if not more. I didn't know who this guy was, but his insights were fascinating.
I would love to here what Balaji thinks of the Free State movement in NH. It's an almost perfect fusion of what he's talking about, but not a full on network state. More of a precursor really. You have a community that started online and has coordinated collective relocation and acquisition of land, and increasingly political power. It has the spirit of libertarian individualism, but is a tight community that is cohesive enough to resist attack and gain political power.
Always great to listen to Balaji. This will make history. I can easily see him being shown and his theories being discussed in university/lectures a hundred years from now.
I'm thinking about aiming lower, more specific to medical. My idea was this: a medical freeport within the US or other first world country. A physical place where the FDA has no say, like Mohave for relief of the FARs. We need a development ground, an escape valve. We need a place where people could go to if they needed to but where the risk is generally higher, and where the data is everything. I suggest the data is open, that it requires publishing and to a standard, but pseudonymously. Such a place would need a set of rules to prevent greatly unnecessary deaths, but I think I have a reasonable set drawn up. Buyer beware, but personal contracts based on outcomes give people without otherwise hope an option. There are so many promising drugs, procedures, and therapies that it isn't or wasn't worth trying to take to the larger market or pay for testing that we've effectively killed many, many people. I want us all to be able to choose to try these things, or be paid to, in a straightforward way. I want to see a place where it's worth developing a one-off medical device or small batch drug manufacturing lines, or where you can be paid to enter a study even for something high risk. I want to see a place for innovations to be put to the test and collect data and if it the data is good then it can be allowed to escape the confines of the freeport, essentially a new option for medical business plans. I consider this concept an escape valve for the medical regulation state, a way around their continuous type 2 failures.
Unfortunately, the audio on your guests end was spotty, so it makes it hard to get what's he's saying sometimes, which also affects the auto-generated subtitles.
Why is it that no body call these ideas what they are? Anarchist. Human liberation and voluntary association? Responsibility for oneself and community? Freedom and decentralized autonomy? These are the bed rock principles of anarchism.
Cmon Balaji, I'm a huge admirer of your ideas and all, but please liquidate a tiny amount of your assets so you can buy a better audio setup. Its a shame some of your words and meaning got lost now :(
This sounds like a rebranded metaverse, basically trying to lure people into a virtual country where the owner(s) of the network is king emperor, can ban you on a whim and sell you virtual items made scarce on purpose.
why would anyone prefer to live virtually and lose the one actual real human life they have to live?! this sounds horrible... and lets not even talk about all the nefarious people in this world who would abuse, use, or worse, to other peoples' info in a cloud world...
It’s because the price of doing things in the physical world is going to become a premium product. It kind of already is, for example if all the members of a group wanted to meet in person on a whim they’d all need their own private jets or helicopters. Most people can’t afford that. The same may follow for other things in the physical world. Education for example is already much cheaper online. It used to be cheap enough to go to college without taking out loans, things just keep getting more expensive.
@@martinlutherkingjr.5582 because everything gov't touches, turns to crap... people only need food, water, and shelter to survive.. none of those are available in a virtual world.. lol. humans don't need to be consumers to be good, decent people.
I think you missed the entire premise. Nowhere was it mentioned that someone would LIVE virtually..... Yet here you are, on your smartphone, in a virtual network, having a conversion with a person who you've never met or seen and you probably will never meet or see, and he lives thousands of miles away on a different land mass. Its just that a whole bunch of the affiliations, interactions and rights/privileges may migrate online into different virtual communities and contracts (same way as you have a set of laws in your nation state).
Finally more content from Balaji 💯🇵🇪🚀
This was one of the most interesting & captivating interviews I've seen in at least the last few years, if not more. I didn't know who this guy was, but his insights were fascinating.
I am enjoying the growing possibilities around post political action because of tech.
40:05 - "San Francisco is optimized for drug trafficker. American immigration policy is optimized for Human trafficker" LOL
I would love to here what Balaji thinks of the Free State movement in NH. It's an almost perfect fusion of what he's talking about, but not a full on network state. More of a precursor really.
You have a community that started online and has coordinated collective relocation and acquisition of land, and increasingly political power. It has the spirit of libertarian individualism, but is a tight community that is cohesive enough to resist attack and gain political power.
He went to the porcupine festival with vitalik in 2011. Spent like 1000 btc on a hot dog.
@@johndoe1646 Damnit that was before my time. Must have been cool.
@@jacoblong756 Are you part of the Free State Project???
@@patrickbateman783 yes, this channel is pseudonymous but in real life I am
Always great to listen to Balaji.
This will make history. I can easily see him being shown and his theories being discussed in university/lectures a hundred years from now.
extremely intelligent questions
“The Empire, long divided, must unite; long united, must divide. Thus it has ever been.” -- Luo Guanzhong, The Three Kingdoms
Genius. We need more.
I'm thinking about aiming lower, more specific to medical.
My idea was this: a medical freeport within the US or other first world country. A physical place where the FDA has no say, like Mohave for relief of the FARs. We need a development ground, an escape valve. We need a place where people could go to if they needed to but where the risk is generally higher, and where the data is everything. I suggest the data is open, that it requires publishing and to a standard, but pseudonymously.
Such a place would need a set of rules to prevent greatly unnecessary deaths, but I think I have a reasonable set drawn up. Buyer beware, but personal contracts based on outcomes give people without otherwise hope an option. There are so many promising drugs, procedures, and therapies that it isn't or wasn't worth trying to take to the larger market or pay for testing that we've effectively killed many, many people. I want us all to be able to choose to try these things, or be paid to, in a straightforward way.
I want to see a place where it's worth developing a one-off medical device or small batch drug manufacturing lines, or where you can be paid to enter a study even for something high risk. I want to see a place for innovations to be put to the test and collect data and if it the data is good then it can be allowed to escape the confines of the freeport, essentially a new option for medical business plans. I consider this concept an escape valve for the medical regulation state, a way around their continuous type 2 failures.
Unfortunately, the audio on your guests end was spotty, so it makes it hard to get what's he's saying sometimes, which also affects the auto-generated subtitles.
Yeah, I turned it off the audio was so bad
Why is it that no body call these ideas what they are? Anarchist. Human liberation and voluntary association? Responsibility for oneself and community? Freedom and decentralized autonomy? These are the bed rock principles of anarchism.
Cmon Balaji, I'm a huge admirer of your ideas and all, but please liquidate a tiny amount of your assets so you can buy a better audio setup. Its a shame some of your words and meaning got lost now :(
He already sold plenty of $SOL
Agree with you, thankfully subtitles saved me
Cool eyes and cooler ideas
This sounds like a rebranded metaverse, basically trying to lure people into a virtual country where the owner(s) of the network is king emperor, can ban you on a whim and sell you virtual items made scarce on purpose.
try reading his book, or how btc actually works, he's proposing exactly the opposite of what you're thinking here
@@EspHack Well, btc is not a true peer-to peer network so I don't think I'm far off.
Monero
@@SuperFinGuy What “true peer-to-peer network” exists for transferring value without physical contact?
@@martinlutherkingjr.5582 IOTA for example, it works sort of like bitorrent.
Damn, his eyes are gorgeous! *no homo*
why would anyone prefer to live virtually and lose the one actual real human life they have to live?!
this sounds horrible... and lets not even talk about all the nefarious people in this world who would abuse, use, or worse, to other peoples' info in a cloud world...
It’s because the price of doing things in the physical world is going to become a premium product. It kind of already is, for example if all the members of a group wanted to meet in person on a whim they’d all need their own private jets or helicopters. Most people can’t afford that. The same may follow for other things in the physical world. Education for example is already much cheaper online. It used to be cheap enough to go to college without taking out loans, things just keep getting more expensive.
@@martinlutherkingjr.5582 because everything gov't touches, turns to crap...
people only need food, water, and shelter to survive.. none of those are available in a virtual world.. lol.
humans don't need to be consumers to be good, decent people.
I think you missed the entire premise.
Nowhere was it mentioned that someone would LIVE virtually.....
Yet here you are, on your smartphone, in a virtual network, having a conversion with a person who you've never met or seen and you probably will never meet or see, and he lives thousands of miles away on a different land mass.
Its just that a whole bunch of the affiliations, interactions and rights/privileges may migrate online into different virtual communities and contracts (same way as you have a set of laws in your nation state).
Urbit
Ooft