MemCast
MemCast / episode / insight
Internet‑first societies will evolve into sovereign network states powered by shared crypto infrastructure.
  • A network state is a voluntary, digitally‑native community that self‑governs using blockchain‑based contracts.
  • It provides its own identity, dispute resolution, and economic layer independent of any national jurisdiction.
  • Crypto tokens serve as the native currency, enabling borderless trade and finance.
  • These entities can negotiate with traditional states, offering services in exchange for recognition.
  • Balaji believes this model will scale as the internet continues to erode geographic constraints.
Balaji SrinivasanThe Peter McCormack Show01:54:31

Supporting quotes

Internet‑first societies will form network states. Balaji Srinivasan
These rely on shared crypto infrastructure. Balaji Srinivasan

From this concept

Network States: The Future of Governance

Balaji proposes that internet-first societies will form sovereign, crypto-backed network states that attract global talent and operate beyond traditional nation-state borders.

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