Balaji argues that institutions forged after 1950--UN, World Bank, the whole post-war order--were built on a Western-centric economic base that has now evaporated, making them increasingly irrelevant.
Balaji explains how the US prints dollars to fund its lifestyle, effectively taxing the world, and why this model cannot survive a loss of reserve-currency status.
Balaji proposes that internet-first societies will form sovereign, crypto-backed network states that attract global talent and operate beyond traditional nation-state borders.
Hyperliquid's native token HYPE is used for fee discounts, validator security, and as a governance lever. Staking directly reduces trading fees, while also securing the network and incentivising honest oracle updates. The upcoming HIPP3 framework will enable permission-less perpetual markets that rely on staking for market-making rights.
Jeff explains why Hyperliquid chose to stay bootstrapped, arguing that VC ownership can scar a network and that self-funded revenue aligns incentives with users. The decision was initially controversial but later proved prescient as the model gained traction across DeFi.
Modi outlines a pragmatic, ground‑level, and nation‑first approach to policy choices, blending data, empathy, and rapid deliberation.
Modi details anti‑fraud measures, the Direct Benefit Transfer system, and the Government e‑Marketplace (GEM) that increased efficiency and cut wasteful spending.
Traditional multilateral bodies are losing relevance as major powers pursue unilateral strategies. The United States' retreat, coupled with the rise of alternative economic blocs, signals a systemic erosion of the post-World-War-II order.
Harari examines democracy's unique strengths and vulnerabilities, particularly how elected leaders can undermine democratic institutions while maintaining the facade of elections.