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Balaji· 2025-09-11 06:49
RT Albert Wenger 🌎🔥⌛ (@albertwenger)Had a great time with @gigidanziger_ visiting Network School, talking with @balajis and meeting some of the program members ...
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Balaji· 2025-09-09 15:43
RT Riva (@rivatez)freedom/human flourishing can’t be found in a two party state. there is no singular perfect governance system - people deserve radical optionality, just like in everything elsewe should have thousands of political options to choose, join and exit, like we should have endless choice of phone network providers, or types of school. technology should make it easier for us to self-organize and try things that weren’t possible in the pastpeople can’t imagine the digitalization / privatization of ...
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Balaji· 2025-09-09 10:24
[1]: Tiebout's original paper: https://t.co/jyImLP5SgR[2]: A reference card on the topic:https://t.co/CYmBfCQ6be ...
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Balaji· 2025-09-09 10:22
TIEBOUT SORTING → NETWORK STATEThe mathematical basis for the network state is Tiebout sorting. In 1956, Charles Tiebout proved that if you had:(a) low-cost mobility(b) frictionless discovery(c) no inter-jurisdictional spillover effects, and(d) many possible jurisdictions...then individuals could vote with their feet by sorting themselves into communities that efficiently matched their preferences for public goods.Those assumptions were theoretical in 1956, but practical by 2026. Thanks to the Internet, mob ...
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Balaji· 2025-09-08 13:08
To be clear: I think blaming Bitcoin for the end of the dollar is like blaming the parachute for the plane crash.The money printing scaled way before Bitcoin scaled. But many won't get it. https://t.co/DhqRNjaBGh ...
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Balaji· 2025-09-08 13:06
Yes. Also, after the dollar ends, I think ~50% of Westerners will become Bitcoin Maximalists (and blame the collapse on the Fed and centralized power) while ~50% may turn to Chinese Communists (and blame the collapse on BTC and decentralized currency).https://t.co/epy173ES1dQEInfinity (@QEInfinity1):@balajis Good thread. The only thing I’d add to the following like is that it’s spread even more disproportionately among non-asset owners who have no hedge of capital appreciation as a partial offset to asset i ...
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Balaji· 2025-09-08 12:34
There's no easy exit for the US. Its business model of money printing depends on being global #1.Dollar inflation is global taxation. Pullback means the printing is spread across ~330M Americans rather than ~8B worldwide. That's a 95% drop in tax base.https://t.co/8r8qpF1BLastaysaasy (@staysaasy):@balajis What happens next ...
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Balaji· 2025-09-08 12:24
Well, it's not the idea, it's the execution.China can just sit back and let the world be its Xerox PARC. And then become a speedy second mover on anything that's working.So you need innovations China genuinely can't copy.One of them is Bitcoin.https://t.co/aW8GuCuKLfAravind Chandrasekaran (@aravindc1691):@balajis There should be a graph to measure innovation Index. That is the true differentiator and it should be weighted equal if not more than energy consumption and manufacturing. ...
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Balaji· 2025-09-08 11:54
Both America and China were invested in the illusion that China wasn't already the world's strongest economy.Psychologically, it suited the incumbent to appear strong. So America downplayed China's numbers.Strategically, it suited the disruptor to appear weak. So China also sandbagged its own numbers.But the illusion is becoming harder to maintain.Doggy Dog (@DoggyDog1208):“The newest National Defense Strategy just delivered to Secretary of War Pete Hegseth calls for refocusing the Department of War on dome ...
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Balaji· 2025-09-06 09:06
National Defense Strategy Shift - The Pentagon is proposing a shift to prioritize protecting the homeland and Western Hemisphere over countering adversaries like China and Russia [2] - This shift marks a major departure from the previous administration's focus on deterring China [1][6] - The proposed strategy places domestic and regional missions above countering adversaries [2] - The shift is already occurring with the activation of National Guard troops and deployment of warships [4] Implications and Reactions - The move would likely inflame China hawks who view China's leadership as a danger to U S security [3] - The shift could question the old, trusted U S promises to allies [4] Military Actions - A U S military strike allegedly killed 11 suspected members of the Venezuelan Tren de Aragua gang in international waters [5] - The Pentagon has established a militarized zone across the southern border with Mexico allowing troops to detain civilians [5]