"had somebody actually said oh I'm going to found a currency in 2007 2008. almost every VC would have looked to them like they had four eyes I had the absolute pleasure of talking to who I think is one..."

"conversation as much as I did the content here is for informational purposes only should not be taken as legal business tax or investment advice or be used to evaluate any investment or security and i..."

"audience to a simple frame that I think was again an aha moment for me which is that technology has been able to reshape our lives at an individual level I think many people can understand that they c..."

"actually have this at the beginning of chapter five in the book and the thing is we hear the term nation state as a compound you know like uh you know the phrase really and we don't really give too mu..."

"it the const the nation-state was every you know ethnic group has the right to have its own government now the thing about this of course is um that's like an abstraction but in Con in concrete terms ..."

"so like the Kurds for example their ethnic group overlaps or their historical lands overlap like turkey and other kinds of places okay and um the catalonians for example they overlap modern Spain the ..."

"there's now a sharp transition from French to German as you cross the franco-german border signs change you know language has changed that human digital thing has caused a digital crease in the physic..."

"like the chosen States or something along those lines the selected States yeah there's a guy actually the Kazakhstan head he actually made this remark he's like look if we allowed every group in the w..."

"character or single word that's different that changes what the computer generates you can actually see that changing one word changes what is in somebody's brain you know um and the concept of Russel..."

"quantity right okay so with that this just to descend onto this concept of the nation the fact that people have conflated the nation and the state recently like people just say Nation say they don't r..."

"argue that there was an American Nation like by the mid 1900s there was a lot of effort to kind of pack down people like uh Teddy Roosevelt talked about he wanted the end of the hyphenated American yo..."

"the nation one way one analogy I have in the book which I think is a funny way of thinking it's like uh labor and management and in a small company they are actually literally the same you know the fo..."

"corporation it's actually a misnomer it really should be called multi-jurisdictional or multi-state because it's not as if Google has like a direct ambassador to the catalonians and the Basques and th..."

"historically this huge necessarily difference for mainland China or at least there's some difference in a lot of folks in Taiwan came from mainland China because you know the Coleman tang and the the ..."

"percentage of their time they spend their waking hours do they spend looking at a screen of some kind okay whether it's laptop mobile phone tablet uh you know they're a smart watch something like that..."

"when you say billions I mean like three something billion just on Facebook right you add all the people with smartphones and so on so let's it's on there to three four billion people in the world half..."

"right the Americas that people came there and they didn't think of themselves as American or Brazilian or Mexican or Canadian or something like that nowadays North and South America have they're all y..."

"key word I think yet I think one that's a keyword right interesting thing for you to share would be I think for for many people like the individual you might have just described they in reality spend ..."

"the concept of a leviathan generalizes and you know this is the the least common word in Silicon Valley is God okay or in technology is God all right so basically I'm going to talk about God for a sec..."

"by a guy named Jacob Burkhart from force and freedom did you see that passage I'm not sure it's like footnote n or whatever of it uh there's a lot of no it's a lot of links but it's great why don't yo..."

"peer-to-peer he didn't say quite peer-to-peer he says uh I'll just give the exact quote our theme is the state religion and culture in their Mutual bearings we are fully aware of the arbitrariness of ..."

"like 200 years ago and what he's talking about in modern language would be culture is the network of peer-to-peer volitional interactions between people as opposed to the top down and positions of the..."

"huge Collision in the 20th century between the Soviet Union which was a pure state in America which is a god State combination like the Marine Corps of mid-century would say you know forgotten country..."

"these are three different theories of the prime mover what is the most powerful force in the world is it God is it the US military or is it encryption all kinds of political arguments moral arguments ..."

"the network like you know the antitrust cases against tech companies or you know the state department versus Tornado cash and so on and so forth right once you kind of see this it's actually like a vo..."

"blah okay monocoinist is like the uh let's the Bitcoin maximalist or a maximalist of any one you know that they think their digital currency or their network is just the number one everybody right the..."

"um you know or like the Soviet University us those are two fundamentally different class of ideologies right go ahead I think to many people that would seem a little outlandish and I'm just you know b..."

"to think through like or to to give these examples of where the network has actually been incredibly strong relative to other leviathans well so here's the thing is basically um one of the things I I ..."

"because it's invisible it's intangible you can use it on 100 million people there's no Optics there's no like fireworks nothing blows up there's no nuclear explosion like the human brain is not traine..."

"obvious thing of drones and so on or you know that's like compelling in a very gun gun points at you kind of way you can compel in a different way with with the network where you lock people out eithe..."

"underestimated even if it's like flips on bits on servers it's growing in power drones are the most obvious example but locking you out of an account or digital soft power like downranking you these a..."

"to digital power right where it's not just um the extreme version at all times but also it can be where you lose all access to your digital life and that's that's quite significant and the thing is yo..."

"think with that understanding it let's return back to the idea of the network State and actually building these new lines that many people assume are are very much set yeah so um so I actually I start..."

"informal sentence but just to kind of describe that highly aligned online community okay so it's not just you know A Game of Thrones Facebook group okay such as people who are there to pop popcorn the..."

"also ready to sort of defend that entity they're putting it out there on their sleeve and often the attacks on somebody will attack them haha LOL another Bitcoin Nutter or something like that you know..."

"Collective action is it's something where the group moves as one if you go and look at the web 2 internet okay you look at Hacker News and you look at Reddit and you look at Twitter there's an aspect ..."

"um similar in somebody so like stochastic Center or something like that and so the point being though that um if you're just doing lots of entropic stuff you're not making progress on an axis and if y..."

"because I want to get to the rest of the definition but but that is something that you know is quite the leap of course yes I agree with you getting a thousand people to do anything even if it's likin..."

"but maybe you've seen in real life you know let's say there's a a couple who's really good at dancing right what happens is they're like locked on you know uh like a very choreographed kind of thing t..."

"social Technologies allow people to coordinate yes right messaging apps discords you're allowing people to do this digital dance one way of kind of putting it all together have you seen the movie Tran..."

"Transcendence is I don't think it's dystopian hints at being dystopian early on but then it actually gets more positive one of the things in it is you have Johnny Depp is this AI that coordinates all ..."

"vote and then the decision and it goes out there's markets where many become one where you have an order book you have supply and demand let the market decide right you get a price and there's actuall..."

"things they'd either hear oh it's totally digital yeah that's great you know the physical world doesn't matter we're all online cryptocurrency Internet blah blah blah or they'd hear it's purely digita..."

"everywhere you go right so I understand that why would you want so why would you want something like that well even more so than that so I can imagine why a digital Community would want to have these ..."

"Google right what's an example of a useful Network Union that's that can do digital Collective action an example I give in the book is of uh like a professional Guild okay so it's a guild of designers..."

"under attack online and then the the union leader looks at their bylaws and you know it's not unqualified defense of them right but most of the time online attacks are distortionary or you know there'..."

"alone 10 people it completely changes everything right you know one concept uh you know they mentioned is like companies have logos but communities have Flags and an important thing is you know like i..."

"mentioned earlier back in I think it must have been around like 2013 or so chengu was very empty you know there's pictures of it back in the day where there's like Deus and one other building and then..."

"right and so Mass Appeal I mean one thing I think that's kind of interesting is just to hover on that point for a second um Mass Appeal comes last right like that's like after something is completely ..."

"know almost infinite numbers of people who tried to build the next Google somewhere in the last 30 years right and and of course we we see the eventual success and I wonder how you think about that in..."

"I kind of think people are foolhardy about physical risk where people will you know uh like do bungee jumping or skydiving or things like that they will you know do they'll take risks in my view with ..."

"you could have asked for military volunteers you would have gotten soldiers who would have volunteered okay and you could have gotten it from different demographics so some people are in their 40s and..."

"you know all the compounds especially the older compounds you'd see you know smell and taste like cyanide it had you know and how did we know that cyanide smells like almonds there's some guy who took..."

"way and I think the way to do it is you start with this online community you start with a network Union you develop lots of movies it's basically a Content unit okay you develop movies you develop boo..."

"okay so what you'd have is lots of movies like Dallas Buyers Club okay not exactly in that register in that tone but like some Dallas Buyers Club and some Limitless you know Limitless I've heard of it..."

"and collectively so it's like a like a guild working together right a network archipelago now you're getting offline territory but some things do yes require changes in law so that's the highest level..."

"that they can go to all of the different mayors and governors and maybe presidents of the world because they're they're it's a parallel process that's the awesome thing you're no longer just negotiati..."

"every single bite you take every day is regulated by them there's zero personal accountability okay if they're ever criticized it's this abstract thing of the agency which has billions of dollars in a..."

"this right now the thing is that no country around the world has this formulated in quite this way that is to say despite the fact that these are you know ostensibly Sovereign countries they don't hav..."

"than the taxi medallions or the hotel Regulators because Uber is tracking every trip right they're giving R ratings on both the driver and the passenger they're checking that payment can go through an..."

"so it is within the same jurisdiction you have choice of law okay I pick the Uber app or the Lyft app or in another country go check or grab right you have choice of regulator right now even two choic..."

"that's better than both right um this would be a V3 where yeah you don't want the totally unregulated market for patent medicines and scams and so they had a great upside and they had a great downside..."

"see the Delta there but I do think it's hard for people to imagine that exponential Delta within the physical world because it feels slower inherently but I think the train station example is showcasi..."

"argue that part of the nature of the political system but it's not necessarily democracy versus authoritarian and in fact actually the Democracy of the mid 20th century America was quite authoritarian..."

"and black holes all these crazy things in the huge expanse in in space there's this enormous expanse in time or there's other configurations of humans that are totally counterintuitive to our current ..."

"if we do have Challengers but there's almost like this underlying assumption that there aren't there are Challengers within the societies that we have but not Challengers to the societies I mean just ..."

"chain of custody or whatever right then one fine day that factory has to switch from making widgets to making masks or uh like servers or something new it has to do something new this great grandson d..."

"legitimate and competent well that's why you need to have refoundings because you know nobody would have elected a lawn to run Tesla or elected Mark Zuckerberg to go and run you know at 30 something y..."

"itself right A lot of these Tech journalists are basically employees of some East Coast nepotist who has inherited millions of dollars and or a newspaper and is funding their whole operation so their ..."

"another level you're voting for somebody and the contract isn't binding they give some campaign promise they say they're going to do something they're not going to do it it's literally like buying som..."

"to if they can't all hit like on something they literally can't do anything else but if they can do that then they might be able to do a lot of other things you've turned them into a multicellular org..."

"self-driving is so hard is you have to assume all of this Legacy baggage there if you could take that away it could be easy and in fact we know this to be the case because guys like Rio Tinto these ar..."

"car Zone you have this moral commandment you align people with their bits you get that alignment and then they go and take physical territory and they just relentlessly negotiate with enough governmen..."

"societal change so just like a startup sets out to fix one thing right in the market a startup Society sets out to fix one moral failing of society okay so you're not saying okay uh profitable unprofi..."

"uh you know San Francisco for example had a highway that blocked access to the waterfront and so you had overdone it so you you say I'm not against cars I want a V3 that takes away that highway so we ..."

"changes things once you have everybody accept in this community that I'm offline 9 pm to 9am guess what like that changes the community okay hey guys let's go and you know I'll like we'll go for a run..."

"interesting way it's like a Wellspring that doesn't run out right another example keto kosher okay so you've got a network archipelago by my definition so you don't just have an online community you'v..."

"right and what they would do is they'd say okay no sugar at the border just not there you have healthy food you have lettuce you have you have you have fruits you have tomatoes you have other kinds of..."

"famous guy and you know I uh he has this saying which I think is very clever that all of you know sequoia's best startups are you know have they satisfied one of the seven deadly sins okay so it's lik..."

"your time including like wine with your spouse or something like that it's meant to be tongue-in-cheek but it's also true it's like people would rather have that than Netflix most of the time right li..."

"the problem with U.S society like they might say people are gambling too much on coins and assets and so on and so forth they might say people are eating too much or or people are too mad online they'..."

"either it's all online or it's offline or some combinations or if you start getting territory and then maybe you eventually need like uh like a sovereign recognition to become a full Network state but..."

"societies that show not say what is better that's exactly right and basically the key thing is so I mentioned the term president of a star Society president of a network Society okay the number of peo..."

"into America or the UK into America you had to build America right so now though you declare yourself president of a star of society and guess what the vast majority of the world 90 they'll all laugh ..."

"crying you know just get a tissue like all right what's my next scene you know like that right and so you're selecting for politicians that are liars because you know there's that saying like actions ..."

"you can actually start filtering your Society by those people who actually are doing actions and not just words or actions plus words right actions plus words is valuable actions alone is valuable wor..."

"they may not adopt the entire thing okay they may not say oh you know well look digital Sabbath we can't be offline 12 Stars a day but maybe we'll do eight or some silly iteration thereof right but th..."

"really interesting to consider that many of these startup Society ideas will sound silly to many people at first but they do become something or or they evolve over time or they can evolve that's righ..."

"Holy life and that's always harder to do in practice than in theory people will have you ever if you heard the term Trad right people will LARP being Trad I know that's two internet abbreviations in o..."

"there's two wrinkles on that first is it's not just a nation of immigrants it's a nation of immigrants right tautologically every immigrant emigrated from somewhere so they left why did they leave Pol..."

"probably mean is the U.S establishment wins within the territories of the us that they control but they lose outside the there's parts from the US that I think become more Sanctuary city-like uh you k..."

"nation of immigrants where the people who left were those who were politically powerless as we just talked about from other countries but it's also a niche and it's not the financial politically power..."

"know forward and you see like New York was like for example the very beginning of the US Virginia was big and now you kind of vaguely remember this you've read any early American history you'll hear p..."

"different personalities and so on now today now that four out of those five companies have had their Founders leave right now today Microsoft Google Amazon and uh and apple are much more similar than ..."

"years and it's really with the Miami thing and so on it's really giving California competition right but that's not something that just came out of nowhere if you look at this graph the visual capital..."

"linear on others right so you are still making progress sometimes even if it seems like you're going in a circle uniting dividing bring that to the present day what we are going through and what we ar..."

"amounts to the territory of Wyoming just spread out I could actually found an administrative unit that competes with these other administrative units and the key thing is that because I'm being able t..."

"like Men In Black you know like flash you know now the children are educated by the state and so the state sheep's a nation there is a feedback effect right um it's sort of similar to uh you know the ..."

"and they're like a relic of the past when the whole thing looked like that lots of little San Marino's all over the map right if you look at um a map of Germany before Bismarck right that's a map of G..."

"Facebook look the same where it looks like this blue and red separated thing right so this is this is literally two Nations going back to the very first thing in our chat it is not one nation it is tw..."

"in certain cases and that's why you're saying basically the nation which previously would have been primary identity American exactly or in the past primaries Catholic that's right it's like Yugoslavi..."

"not I mean I'm not saying this is all going to be roses or what have you but one of the things the internet has done as you progress in connected to the previous thing from city state to Nation State'..."