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I'm going to write the first part of this comment after reading the first paragraph, then I'll revisit when I finish the article: This is going to be a lot of w
by SilverBirch 4y ago
I'm going to write the first part of this comment after reading the first paragraph, then I'll revisit when I finish the article: This is going to be a lot of words that eventually concludes with someone not paying their taxes.
Ok, I've read it now (well, 90% of it, I started skimming towards the end). I was being too generous, there really is nothing of value there. It's just bollocks. Honestly, if you put a chart in your book making an argument about some correlation and your r-squared is 0.37 you just don't deserve to be taken seriously. It's a stupid mix of Randian "going galt" and confused inconsistent rubbish. You're going to opt out of FDA regulations. Great, that's the big idea. But with blockchain. You're going to form a decentralized online community to organise a sugar-free community. What about this has anything to do with technology, governance or anything? Your big idea is to start a specialty restaurant. As we all know, there are 3 political organisations, the Chinese communist party, Bitcoin, and the NYT (which runs America). This is just deranged.
I think Vitalik is way too generous to Balaji in this analysis. I still think the only thing that will ever come to fruition branded as a "Network state" will be an attempt to skirt regulations or dodge taxes.