Monday, April 24, 2023 at 2:00 PM
By facilitating decentralized decision-making processes, securing data storage and management, and giving individuals control over their identity information, for the first time in history, technology can help enable decentralized governance in the cloud. plays an important role.
Various innovations offer new opportunities for collaboration, decision-making, and trust-building without the need for centralized control. I covered these points in detail in two previous articles on decentralization. Let’s outline the state of global governance today and what’s likely to happen in the future.
Authoritarianism exists in almost all nation-states, or governments. It’s a matter of degree. China’s authoritarianism is overt, but the US, UK, and EU forms are hidden. We may see a world where it becomes increasingly difficult not just for Chinese people to leave the country or move funds out of the digital yuan ecosystem without permission from the Chinese Communist Party.
We took a closer look at how COVID has restricted movement. In the future, we will introduce red/yellow/green travel restrictions based on health conditions, new lockdowns based on ‘X’ health concerns, and passport restrictions and a WeChat system with surveillance status that can track people around the world. may be In China, the WeChat super-app that Chinese rely heavily on to connect to most basic services can strip individuals of their personality while the digital yuan freezes assets.
America is never innocent. As Balaji Srinivasan writes, “The U.S. continues to engage in warrantless surveillance through the NSA, unconstitutional searches and seizures through the TSA, arbitrary confiscation of property through civil forfeiture, and the use of political keywords similar to WeChat. They are doing censorship, disinformation agencies, civilian disarmament, digital censorship, etc. The U.S. ruling class is copying the Chinese Communist Party in lockdown without actually acknowledging that the Chinese Communist Party is doing so, coronavirus It has funded research institutes that may have leaked the We have killed and deported far more people abroad.”
The United States imitated the Chinese Communist Party’s suppression of speech.the Atlantic ran This article About how Big Tech controls what we say. COVID underscores this point, as the mere mention of the word has negatively impacted video viewership on YouTube.
The US could launch FedNow on July 1, 2023, paving the way for CBDC. CBDC can be used to control spending, interest rates, and other important variables. CZ, the head of Binance, knew what was going to happen and converted the stablecoin BUSD into BTC and BNB. USDC is fully regulated, but can be turned off if the US wants to, and will be replaced by his CBDC, which is US own.
So is USDT.
This could lead to the U.S. government removing fiat-to-cryptocurrency transitions or limiting the amount allowed to transact from the U.S. dollar into other currencies, whether fiat or cryptocurrency, so Balaji That is why we encourage people to convert their assets into BTC. That said, China has attempted to do so without success as wealthy Chinese use various RMB to BTC onramps to move offshore in excess of the maximum allowed by the Chinese government. I did.
network vs nation
The network (encryption) is the new Leviathan separated from God (religion) and State (government). People, a digital land with interactions (Metaverse), laws (Crypto Governance), and capital (Bitcoin).
In a networked state, people move digitally and fluidly between platforms, unlike physical nations where movement is restricted by passports or during times of COVID, quarantines and lockdowns. Whereas in national state location, location, location determines value, in network state it is connection, connection, connection.
Any group can opt for digital cloaking for privacy purposes. You can’t attack what you can’t see. MIT’s Jason Lowery explained why Bitcoin is the number one defense. As more value accumulates in digital forms such as Bitcoin, the likelihood of a hot war diminishes.
In a networked state, each person can belong to as many groups or platforms as they like. Laws can be enforced to maintain order, much like today’s big tech companies. But instead of Big Tech controlling individuals, censoring and removing platforms, the network state has a system of checks and balances. Money, communications, housing, factories, drones, robots, etc. are all digitally controlled as they are mostly online through digital registries. Private key cryptography creates sovereignty that prevents interference by outsiders.
This will take power away from nation-states such as the US and China that centralize power in large tech companies, freeing anyone to monitor, de-platform and freeze the assets of millions of people. can. In fact, private keys empower individuals and decentralize Big Tech and Big Government. Each person can choose which platform to join or leave.
Unlike nation states, which control those who live in a physical realm, network nations can only control those who choose their platform. Each state of the new network unfolds non-violently, unlike how land grabbing has occurred throughout history.
Favorable network conditions attract citizens. An oppressive and dictatorial network state is more likely to lose supporters.Each platform within the network state is much more democratic because 100% of her members chose to be there. 51% are unwilling She is not a nation that can impose its will on the 49%. #POTUS
As mentioned above, network state replaces the military because you can’t attack what you can’t see. Additionally, the DAO is directed bottom-up rather than top-down, allowing voters to guide the direction of the platform. Advanced forms of digital defense are created while cyber warfare replaces military warfare. Everything has been said to be downstream in culture and enforced by police and military, but in the future everything will be downstream in lines of code and enforced by cryptography.
Each person’s private key, such as ENS’s .eth domain name, holds their digital property. This includes cryptocurrency holdings, digital footprints and creations, loans, credit history, property deeds, physical possessions, medical records, and more. Each key gives the owner access to their car or home.
A public blockchain can connect different platforms/groups within a network state to facilitate economic and social cooperation. Bitcoin or its equivalent is equivalent to fiat currency existing in the network state, although there is no equivalent so far, but unlike traditional fiat currency, it prevents money from being printed and funds from being seized.
Network and network status
The dawn of network conditions is approaching. It is ideologically aligned but geographically decentralized, starting in the cloud and living on land, from digital to physical. This is a sovereign nation facilitated by Web3/Metaverse/Blockchain/AI, where individuals own their own output while retaining control and power over themselves and being watched by any nation or network nation. not.
For thousands of years, such nations have used religion as a moral platform to control their actions. Then use force in the form of prisons, police, and the military to administer control when necessary.
The network state evokes a “morality” to shame, cancel and decommission those who oppose the awakened cultural narrative. It is sophisticated evil promoted in the name of good. The exponential growth of DAOs, DApps, DeFi, DEXs, and NFTs will lead to a great reset, but not a dystopian world where domination and corruption are maximized, but freedom of choice and freedom of existence is maximized. , suggesting that it will be a more decentralized world of personal empowerment running on Web3. True to one’s nature, freedom from censorship, freedom of speech, freedom to trade value, freedom from cancellation culture. Signals of political correctness, awakening, and virtue are all hateful, divisive, and exclusive. They are actions taken against others clothed in the armor of illusory and false virtues.
The New York Times holds Center Court as the choice for MSM communication devices where free speech is controlled and censored. While communists claim to support moral causes, US MSM journalists similarly argue that they justify public exposure and invasion of people’s privacy.
Within the nation-state is the technological state. Tech companies have become de facto privatized governments. As Naval Ravikant once said, Google Coder retains all power because it determines where his website appears in searches. This is now extended to all majors such as Facebook and YouTube. They have the power to decide what people can and cannot do in the digital world. His distributed Web3 digital world is the antidote to this form of control.
Part 2 explores why the network state is the next logical evolution of the current form of governance.
(͡:B ͜ʖ ͡:B)
Chris Kacher, Ph.D. Nuclear Physics UC Berkeley / KPMG Audited Equity and Crypto Record-Breaking Account / Best Selling Author / Top 40 Musician / Blockchain Fintech Specialist.co-founder of The virtue of selfish investmentTriQuantum Technologies, and Hanse Digital AccessDr. Kacher bought the first bitcoin for just over $10 in January 2013 and contributed to the early Ethereum development conference in London hosted by Vitalik Buterin. His metric called out all the major tops and bottoms of Bitcoin within weeks from 2011. He rose (-54%) against the average cryptocurrency hedge fund performance in his 2018 [PwC] Capital is forced into high performing altcoins and weaker altcoins are sold off, thus far outperforming Bitcoin and altcoins throughout the cycle.
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