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Where do you legally set up your DAO or web3 organization? You might check out the Marshall Islands. They recently passed a new bill that's a model for global crypto regulation. The Decentralized Autonomous Organizations Act of 2023 has several major features: it allows DAOs to be set up in 30 days, limits DAO liability for open-source, and makes clear that governance tokens are not securities.Joining Balaji today are the architects of the DAO law as well as the founder of MIDAO (https://midao.org), an organization which allows anyone to set up a DAO in the Marshall Islands.OUTLINE00:00 - The Marshall Islands DAO Law02:00 - About the Marshall Islands04:05 - Decentralized Autonomous Organization Act of 202209:17 - Visiting the Marshall Islands10:48 - Overview of the DAO Law20:56 - Legal Bridge Between Web2 and Web323:41 - Banking with Marshall Islands DAOs27:09 - Updating the DAO Act31:50 - Marshall Islands fully supports DAOs34:23 - DAO Law is like the new Ship Registry37:01 - Private Islands as Special Economic Zones40:08 - Recap and overview of the DAO law
VIDEO
YouTube: https://youtu.be/ojbWm9HqVj0SOCIALhttps://www.coindesk.com/policy/2023/10/30/marshall-islands-further-strengthens-law-that-made-daos-legal-entities/https://midao.orghttps://thenetworkstate.com/podcasthttps://twitter.com/adamjgmillerhttps://twitter.com/balajis
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Joe Lonsdale is one of the most prominent investors in technology. He's the co-founder of Palantir, 8VC, Addepar, and the Cicero Institute — and one of Balaji's longtime friends. We have fun talking about education, longevity, space, and the little matter of completely reforming all governments with the internet.OUTLINE:00:00 - How Silicon Valley got expensive09:18 - Tech founders as philosophers17:39 - 100% Democracy and .01% Democracy28:51 - Internet Values vs Western Values36:05 - How Academics Become Capitalists46:40 - Red States, Purple States, Foreign States for AI58:11 - Thoughts on Space, Robotics, Longevity
VIDEO
YouTube: https://youtu.be/Ny93ZjlR93gSOCIALhttps://ciceroinstitute.orghttps://www.8vc.comhttps://thenetworkstate.com/podcasthttps://twitter.com/JTLonsdalehttps://twitter.com/balajis
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Fehlende Folgen?
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Anatoly Yakovenko, co-founder of Solana, joins Balaji to talk about the new Solana Phone (https://solanamobile.com). The idea of the crypto phone is one where balances, encryption, privacy, and property rights are built into the very fabric of the operating system. Anatoly talks about how they did it.OUTLINE0:06 - The Solana Phone2:08 - Anatoly's Origin Story6:03 - Solana Proof-of-History Algorithm12:10 - Hardware Scales Global Consensus16:13 - Different Chains Do Different Things19:55 - A Self-Custody Phone30:38 - Instant Bank Accounts38:20 - Any OEM Can Make a Solana Phone43:26 - Solana Phone Takes on Google and Apple54:22 - 1% Share Changes the World57:39 - Protocols Give Initial Userbase1:01:18 - Starting Small Counterintuitive For Phone Companies1:07:27 - PKI Interactions Become Routine1:19:04 - What Anatoly's New Country Would Look Like
VIDEO
YouTube: https://youtu.be/QIoXKWl4c4sSOCIALhttps://solanamobile.comhttps://thenetworkstate.com/podcasthttps://twitter.com/solanahttps://twitter.com/balajis
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Bryan Johnson founded Braintree and sold it for $800M. Then he plowed the proceeds into eternal life. He turned himself into the world's most measured man, got completely jacked, wrote a book, and just launched the Blueprint store (https://blueprint.bryanjohnson.com) for the world to copy what he's done. Now Balaji and Bryan talk about how we can extend lifespans through better technology.OUTLINE0:00 - Bryan Doesn't Skip Leg Day5:46 - Witnessing Brain Surgery9:31 - Measuring the Brain18:26 - How Bryan Got Into Longevity22:27 - Bryan's Algorithm for Health27:21 - Every Calorie Had to Fight for Its Life32:16 - Measuring Intervention37:26 - Blueprint for Nutrition42:11 - Don't Die48:55 - No One Paid Attention Till Proof of Workout52:05 - The Five Stages1:03:53 - What Do Ideologies Have to Offer1:14:12 - Spoilers for Bryan's Book "Don't Die"
VIDEO
YouTube: https://youtu.be/YvSX0rLyERsSOCIALhttps://protocol.bryanjohnson.com/https://linktr.ee/bryanjohnson__https://www.amazon.com/DONT-DIE-Zero-ebook/dp/B0CNDDHR79https://thenetworkstate.com/podcasthttps://twitter.com/bryan_johnsonhttps://twitter.com/balajis
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Read Write Own (readwriteown.com) is a new book by Chris Dixon, general partner at Andreessen Horowitz (a16z) and founder of the largest crypto fund in the world. It's an important work that is simultaneously the best crypto tutorial for newcomers and an accessible reference for experts. Balaji and Chris are long-time friends and worked together at a16z for years. Here they discuss Read Write Own and the state of crypto in 2024.OUTLINE00:20 - Chris Introduces Read Write Own 05:04 - Why Books Are Harder than Essays11:43 - Overview of Read Write Own18:01 - The 2000s: Open RSS vs Proprietary Social25:36 - Every Protocol Now Gets Global State31:29 - Web3 Versions of Web2 Apps35:10 - Proprietary Networks Are Locking Down38:30 - Crypto Subsidizes Creatives42:34 - Virtual Goods and Online Status43:56 - Own Usernames Like Domain Names47:35 - What Digital Ownership Means48:32 - Tech Giants' Power and User Leverage.58:08 - Collaborative Storytelling01:01:07 - Digital Identity and Work with Web301:09:16 - Conclusion
VIDEO
YouTube: https://youtu.be/_nIQztk5KWYSOCIALhttps://readwriteown.comhttps://thenetworkstate.com/podcasthttps://twitter.com/cdixonhttps://twitter.com/balajis
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The $16B acquisition of Flipkart was the largest in Indian tech history. Balaji speaks with Flipkart founder/CEO Binny Bansal on how he built the company from scratch when Indian startups weren't even a thing — and how Flipkart's rise parallels the rise of India itself.
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Tyler and Cameron Winklevoss talk with Balaji about how Washington, DC is losing crypto, while other countries like the UAE and Japan are winning web3.
OUTLINE
0:00 - I'm 6'5", 220, and there's two of me!
0:58 - Crypto flippening from America to Asia
7:15 - Crypto-friendly jurisdictions in the US: Wyoming, Tennessee
8:10 - The SEC is a failed regulator
18:45 - Crypto-friendly jurisdictions worldwide: Japan, Hong Kong, Dubai, El Salvador
27:31 - Winklevosses expanding in India
33:25 - What comes out of crypto?
35:45 - Flashback to 2013 TechCrunch Disrupt
37:01 - Crypto and AI, without the buzzword bingo
44:14 - The Winklevoss city
LINKS
1) Gemini: https://www.gemini.com/careers
2) Wyoming DAO law: https://legalnodes.com/article/wyoming-dao-llc
3) Tennessee DAO law: https://www.natlawreview.com/article/beyond-reasonable-daoubt-tennessee-s-limited-liability-statute-decentralized
4) UAE Virtual Asset Regulatory Authority (VARA): https://www.vara.ae/en
5) Japan Web3 support: https://www.coindesk.com/policy/2023/04/06/japan-releases-web3-white-paper-to-promote-industry-growth-in-the-country
6) 2013 TechCrunch with Balaji, Naval, Winklevosses: https://techcrunch.com/2013/09/10/disrupt-sf-13-bitcoin-panel
VIDEOYouTube: https://youtu.be/STbYujxjk1E
SOCIALhttps://twitter.com/cameron
https://twitter.com/tyler
https://twitter.com/balajis
https://thenetworkstate.com
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The President of Palau and Balaji discuss how the tiny island country is becoming a digital leader, experimenting with everything from on-chain identity to drone delivery.
Despite having less than 20,000 citizens, Palau is a full UN member state. Its path to diplomatic recognition holds many lessons for aspiring founders of new communities. Joining Palau President Surangel Whipps Jr. in this chat is William Wang, founder of rns.id, the Palaun government’s crypto identity partner.
OUTLINE
0:00 - Intro
2:03 - The Republic of Palau
6:18 - Palau's path to sovereignty
8:35 - How Palau is using crypto
10:40 - The President's background
16:51 - Returning to Palau
18:42 - What is RNS.ID?
25:08 - Palau's government structure
27:23 - Partnerships in Palau
34:15 - Diplomatic relations
36:29 - The advantages of small countries
42:00 - Palau's developing technologies
45:04 - Gaining diplomatic recognition
48:59 - Outro
VIDEO
YouTube: https://youtu.be/3FuQvG2dmM4
CREDITS
Editing: twitter.com/DholakiaJaydeep
Images: twitter.com/elijah10t
SOCIAL
twitter.com/Surangeljr
rns.id
twitter.com/balajis
thenetworkstate.com/podcast
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Tobi Lütke (Shopify Founder & CEO), Kaz Nejatian (Shopify COO), and Balaji review how Shopify rose from tiny startup to $180B+ global economy, with an annual GMV on par with the GDP of New Zealand. In the process they touch on Hayek, the Hanseatic League, merchant cavemen, the history of the corporation, and the optimal level of platform decentralization.
OUTLINE
00:00 - Introduction
02:39 - Shopify has the scale of a small country
08:49 - Lifestyle businesses take up your whole life
20:52 - SMBs can be harder than startups
27:13 - Shopify could invest in its merchants
32:23 - Shopify's economy is on par with Greece or New Zealand
38:40 - Money, time, risk, attention
39:55 - Is all retail a form of arbitrage?
47:14 - The history of the corporation informs the development of smart contracts
56:57 - Founders start as lead engineer, end up as chief psychiatrist
1:00:27 - Shopify is not just technology but community
1:06:26 - The concept of computational context
1:14:34 - Shopify as a dashboard for the global economy
1:22:48 - Atoms are so much more complex than bits
1:28:41 - Balancing centralized vs decentralized at Shopify
1:43:26 - If they could start a new country, what would Tobi and Kaz build?
2:03:28 - Kaz on working at Shopify
2:04:31 - Tobi's parting thoughtsLINKS
1) 100 true fans: kk.org/thetechnium/1000-true-fans/
2) Gobekli Tepe: smithsonianmag.com/history/gobekli-tepe-the-worlds-first-temple-83613665
3) Shopify active merchant: github.com/activemerchant/active_merchant
4) Fall of Civilizations: youtube.com/@FallofCivilizations
5) Founding vs Inheriting: thenetworkstate.com/founding-vs-inheriting
6) Shopify careers: shopify.com/careersVIDEO
YouTube: youtube.com/watch?v=DfrhCGpRCPICREDITS
Editing: twitter.com/DholakiaJaydeep
Images: twitter.com/elijah10TSOCIAL
twitter.com/tobi
twitter.com/CanadaKaz
twitter.com/balajis
thenetworkstate.com -
A discussion between Vitalik Buterin and Balaji Srinivasan on starting new countries, improving yourself, and upgrading Ethereum.
OUTLINE
00:00 - Introduction
01:27 - A brief history of Ethereum
16:54 - The DAO hack
20:32 - The Devcon 2 attack
33:24 - The Merge
35:52 - Ethereum Roadmap
47:41 - The de-OFACization of Ethereum?
1:06:18 - Starting new countries
1:22:20 - Svalbard
1:27:29 - Network effects
1:33:12 - Regulation as a bounding box
1:35:42 - What new country would Vitalik start?
1:39:39 - Network states and social networks
1:43:19 - Advice on leveling up
1:51:17 - How Vitalik learned Chinese
1:55:14 - Learning by doingLINKS
1) Ethereum Average Block Time: https://ycharts.com/indicators/ethereum_average_block_time
2) What is EIP-1559: https://consensys.net/blog/quorum/what-is-eip-1559-how-will-it-change-ethereum
3) Quadratic Hash problem: https://bitcoinclassic.com/devel/Quadratic%20Hashing.html
4) The merge: https://ethereum.org/en/upgrades/merge
5) MEV watch: https://www.mevwatch.info
6) Sousveillance: https://en.wikipedia.org/wiki/Sousveillance
7) Best weather cities to live in the US: https://wired.com/2014/02/see-u-s-cities-get-least-days-pleasant-weather
8) Global passport ranking: https://passportindex.org/byRank.php?ccode=cn
9) Longyearbyen: https://en.wikipedia.org/wiki/Longyearbyen
10) Demography of the Roman Empire: https://en.wikipedia.org/wiki/Demography_of_the_Roman_EmpireVIDEO
YouTube: https://www.youtube.com/watch?v=1xhPqZZYJSECREDITS
Editing: twitter.com/DholakiaJaydeep
Images: twitter.com/elijah10tSOCIAL
thenetworkstate.com
twitter.com/VitalikButerin
twitter.com/balajis
