#606: Balaji S. Srinivasan — 5-10-Year Predictions, How to Start a New Country, Society-as-a-Service (SaaS), Bitcoin Maximalism, Memetic Warfare, How Prices Are Born, Moral Flippenings, The One Commandment, and The Power of Missionary over Mercenary

Balaji S. Srinivasan — 5-10-Year Predictions, How to Start a New Country, Society-as-a-Service (SaaS), Bitcoin Maximalism, Memetic Warfare, How Prices Are Born, Moral Flippenings, The One Commandment, and The Power of Missionary over Mercenary | Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating, Athletic Greens all-in-one nutritional supplement, and Shopify global commerce platform providing tools to start, grow, market, and manage a retail business. More on all three below.

Balaji S. Srinivasan (@balajis) is an angel investor and entrepreneur. Formerly the CTO of Coinbase and general partner at Andreessen Horowitz, he was also the co-founder of Earn.com (acquired by Coinbase), Counsyl (acquired by Myriad), Teleport (acquired by Topia), and Coin Center.

He was named to the MIT Technology Review’s “Innovators Under 35,” won a Wall Street Journal Innovation Award, and holds a BS/MS/PhD in Electrical Engineering and an MS in Chemical Engineering, all from Stanford University. Balaji also teaches the occasional class at Stanford, including an online MOOC in 2013, which reached 250,000+ students worldwide.

His new book is The Network State: How To Start a New Country. You can also read it for free at 1729.com.

Please enjoy!

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This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. 

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[06:39] The current state of crypto and overall markets

[14:41] Market depth and the Overton window

[20:54] The challenges of identifying possible trends

[24:25] Does transhumanism need rebranding?

[27:13] Augmented reality glasses: the next big thing?

[38:10] Rethinking Icarus from a transhumanist, pro-innovation perspective

[59:20] DALL-E 2 as a compact programming language

[1:02:03] Peter Turchin and cliodynamics

[1:03:30] What is a network state?

[1:17:49] Humans like to fight over borders—even when they’re invisible

[1:26:04] American anarchy

[1:46:55] Bitcoin vs. gold as an inflation hedge

[1:52:59] What needs to happen for Bitcoin to behave in the way Bitcoin holders would like it to behave?

[2:24:29] Society as a service: how the establishment of a network state could succeed—without devolving into a cult

[2:49:25] Chinese control; missionary over mercenary; innovation over top-down control

[3:00:57] India’s upward trends

[3:05:57] Establishment disdain for tech interlopers (the feeling is mutual)

[3:11:40] Parting thoughts

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