YouSaid · the spoken record

Balaji S. Srinivasan

lines on the record: 222
first: 2022-07-04
most recent: 2022-07-04
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“As a symbol of resilience, actually right, that's right. That's right, it is highly resilient. And I have my whiteboard on the back for my math. So that's my listen.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“I do have a plant here. It's just out of frame. And I have. It's like the Canadian girlfriend, right? My plant that's just out of frame, right? And do you know the reference?”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“So go to 1729.com and you can read the book online, download the PDF, and you can click, and if you want to buy it on Amazon. So it's free to read online, and you can check it out. Oh, and also subscribe because we're going to be releasing more chapters and so on. I know that normally an app is supposed to be dynamic and a book is supposed to be static, but I think of this as a book app. Because you put something out into the world and people are going to react, and there's going to be incomplete things or things I want to say differently and so on and so forth. And so I'll keep editing it and I'll keep setting out new stuff. So you can subscribe and get all that for free if any of this interested you.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Think I've got a model for that, a positive sum model, putting it out there. That's at the networkstate.com. You can also read it at 1729.com. And that's like an online book and so on. So by the time this podcast goes out, that'll probably be live.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Without any hostility, really, towards the old thing, indeed, with gratitude towards everything it contributed, but recognizing that not everything can endure. And people realize that the currency won't endure, but perhaps the state won't endure either. And we need to think about positive new models for the future that do not involve condemning the past. I mean, any more than we don't condemn Britain all the time. We're basically grateful towards it or positively inclined towards it, but we're moving along another axis. So rather than be pro or anti-British rather than define it as post-British, rather than pro or anti-American, what does post-American look like and prepare for that? And you know what? Maybe I'm completely wrong. Maybe all the base raiders are right. Maybe everything just continues and so on. But if you think that we might want to actually try to build an alternative in the same way the”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Representation around the world, and the opposite of it will be like the Chinese control. Now, I know that's very speculative and I'm connecting a bunch of dots and so on, and that's not at all one very important thing here is it's probably it'll come out on the 4th of July, none of what I'm saying or I'm thinking in the book, I would not call any of it like anti-American any more than I'd say than Washington was anti-British or that Herzl or Ben-Gurion was anti-British or Lee Kwan Yu was anti-British or even the Indian independence movement was anti-British they were critical of the British for a time but afterwards after a little bit of distance America India Israel Singapore all have good relations with Britain They're basically post-British they weren't anti-British and the key question is rather than be like pro-American anti-Pax Americana won't last what does post-American look like”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Between themselves and eventually in that title fight, it was the Americans versus the Russians. I kind of think that by 2040 or 2050, maybe sooner, maybe later, that there's a chance that this century is the Chinese state versus the Indian Network. So the centralized Sinic state versus the Dharmic decentralized global network, I kind of think that's how things line up. And the real sort of, you have to sort of squint to see this as an edge case, but in the same way the UK sort of handed the torch to the US, which was an English-speaking kind of thing. In some ways, the US, I think, may hand the torch because the global English-speaking internet is going to become India. And insofar as the US as a country doesn't exist and you have all these startup societies and so on, that decentralized English-speaking internet will have very strong Indian”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“I will say one thing and I'll say that last thing so the one thing I was going to say is going back to that God state network framework I'm bullish on Indians and modestly bullish on India that is to say the Indian state I'm like very modestly in favor or very modestly bullish on but the Indian network of the global diasporic Indians connected to certainly many Indians within the Indian territory but not necessarily the Indian government per se or Indian establishment even the Indian network I'm very bullish on and actually one of the dark horse projections I have in the book for the future is that by 1945 the 20th century was the USA versus the USSR right the Americans versus the Russians you know the two guys who were on the edges who everybody could see growing they had huge populations in the 1800s but they were kind of on the periphery Europe just”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Survey economic survey of India, which shows all the maps. B, there's tiger feathers, which surveys on the digital buildout. C, there is this link to the Indian government's spending bill. It's not a spending bill, it was basically their budget, basically. And then D, the comparison of that to the American budget of, I think the same fiscal year or plus minus one, and the enormous gap. Absolutely enormous gap where technology is seen as a tool to make India and Indians more prosperous across the political spectrum. And it's basically seen as opposite in the US. I understand why. It's because the rise of technology correlated with the relative fall of American living standards globally relative to the rest, but it didn't have to be like that in my view. With better leadership, it didn't have to be like that. So that's a quick summary on India. Hopefully that's enough data.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“So Metonym is when you use a place to stand in for a concept. So Hollywood is movies and Silicon Valley is tech and so on. And I had this tweet, which was deprecate metonyms via decentralizing technology. So finance is not Wall Street. Advertising is not Madison Avenue. Film is not Hollywood. Education is not the Ivy League. Space isn't NASA. Cars are not Detroit. And technology is not Silicon Valley as obsolete as Broadway. And the thing is, you can already see some of those things happening. Cars are not Detroit, it's Tesla and space isn't NASA. It's SpaceX. And it's starting to move away from Hollywood as well. Advertising is already not Madison Avenue. It's arguably moved away quite a bit. But once you see that, you're like and you apply the told them. You're like, oh, all of those things were like points in the US which dominated certain industries and all of them are getting decentralized by technology at the same time. Anyway, coming back up. So with the India thing, A, there's Sanjee.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Majority of tech, most tech actually happens outside the US. So the whole concept that's very America centric that it's all in Silicon Valley. Silicon Valley is, if you hear the term metonymy,”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“So that will be a way that the social war is going to be fought where Google and things like that are weaponized against the population, which is why we need these Web3 and other services so that you can get off of Google and get off of Amazon and get off of these Wokified things. Anyway, coming back up, rather than trying to work with tech, they wanted to fight it, kill it, wokeify it, antitrust it, capture it, they'd be impartially successful in that. What they've also done is they have turned the latest generation of tech founders very much against the US establishment. all the guys who are running companies that are worth less than $100 billion are basically pro Bitcoin and less aligned with the US carbon. I should say all, but let's say, I don't know, if it's, if they manage to capture Google, they did so at the cost of splitting alieniting and polarizing a generation of up-and-coming founders, not just in the US, but very importantly outside. Tech has been pushed outside of the US, and the U.S. is no longer...”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, yeah, no. So it's like Google Docs, landlord suggest thing. I mean, the thing is, look, it's Google, right? There's this apocryphal story, which I believe is not actually true, but it's like the reason that Spanish people speak Spanish with a lisp is because supposedly the king spoke.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Essentially, like the East Coast establishment, the U.S. establishment basically hates these tech interlopers. And rather than figure out how to have everybody take a cut or whatever and level up together has decided to try to fight it, which is now resulting in, I think, going to be a bad, like some of it actually worked where they managed to Wokeify and capture Google and these big companies, which is really bad because it means that they are going to be turned into surveillance machines already. Have you seen the Google AI thing that's trying to say landlord is bad language in your Google Doc? Do you see that?”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, PirateWise.com, and the article is called Trillion Dollar Paint Shop. And what he pointed out about six months before that set of tweets, about nine months ago, is this gigantic multi-billion dollar budget is, what are they building? The only thing they were doing was banning cryptocurrency. He was like, the one exciting thing in the entire bill where the charging stations for electric vehicles, he's like, charging stations for electric vehicles account for a tiny fraction of expenditure and appear in almost every recap of the bill. Why such relentless focus from the media on so minor an element of our bold new infrastructure strategy? I think we're all desperate for a sense of forward motion. The charging stations at least represent something new, a physical change that alters the world for the better. Beyond that, it's not at all clear, but our political leaders are trying to build. I do, however, have a sense of what they're trying to destroy.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Yes, so it's like it's got digital universities, drone farms, telemedicine, open source. It is an extremely tech savvy future forward thing, right? Like it's insane how smart it is. Don't take my word for it. Read it yourself. And then as contrast, go and read it Mike Solana's article. Mike Solana's great guy, smart guy from Founders Fund. It's got a subset called Pirate Wires. His article he wrote called Trillion Dollar Paint Job from last year, August 11, 2021.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Speak, they might have an accent, but even that it's like, you know, you're getting AI audio generation and so on and so forth. So the cultural fluency is there in a way that was absolutely not there. So there won't be like foreigners. You won't know that they're Indian in a thread. That's a huge difference. That many people has not been culturally acclimatized that quickly ever before. So that's like on the internet component, I don't think people have thought about. And then the government component. you know look there's this pros and cons of any government and in many ways i think india's government is like two steps forward one step back there's a saying india disappoints both the uh india disappoints both the optimist and the pessimists But two things about that”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Most of your followers will probably be Indian by like 2030 or something like that. Most of your upvotes, most of your comments and stuff, a very large fraction already are, but it's like two giant tanks of water that are now connected by the internet and that are like diffusing into each other. The other thing is also during that process, for many years, Indians had like my parents generation because they grew up in India, they came over with accents and so on and so forth. And they had portable technical skills in engineering or medicine or something like that. But they weren't really culturally fluent. They knew how to operate in India, but not really in the US or in the globe. The internet dramatically changes that because all those kids in India understand Instagram memes and TikTok and all that stuff. They are internet native. They've learned it as a second language and maybe if”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Potable water, exactly like so the thing is India is becoming like and you know 4G and all the internet stuff if you look at this whole thread The second reference I point you to is a article called the internet country by tiger feathers substack.com okay and that is a ton of graphs on just the digital story and it's showing the build out of literally like a billion people now it's like 800 million something like that got onto some of the fastest cheapest mobile internet in the world over the last five years and so the h1b visa doesn't even matter anymore what matters is the tcpip visa the labor shock that this represents the culture shock this represents most people haven't gamed this out but the majority of english speakers on the internet are or soon will be india english speaking culture is going to be influenced by like indian culture it's just like this total thing that's not on people's radars they have not priced the sin”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Against, you don't see the changes, but for the intermittent visitor, it's astonishing what's happened. And what's really good about this set of graphs is it shows it for the whole country, right? So lighting, highway buildouts, airports, basic infrastructure has been dramatically improved over the last 10 years.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Here's what I'll say about India I will just give a single a couple of links because I can talk about it verbally but Sanjeev Sanyal actually put out an economic survey of India here I'm just going to link that here about three or four months ago and it just has tons of maps and those maps show like nighttime luminosity the National Highway Network, you know, the airports, the water connections. The issue is like this is obvious if you're on the ground but it is the most obvious for somebody who knows India enough to have visited but it's not there every single day because if you're there every single day it's kind of gradual. It's an improvement but it's gradual but you don't necessarily appreciate it and if you've never come and you have nothing to benchmark”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Have to run the experiment and allow people to set them up society as a service and allow people to opt into them. And that's what a lot of this book is about.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Two years like our previous experience, but something where the government cannot print money and cannot fix it, and it has to actually be fixed with genuine innovation and not top-down control and silencing of all dissent and not anarchy and shooting people, but actually innovation that could be, by the way, very non-consensus. The reason, by the way, I bring up something like carb free, right, or sugar-free rather, is If you think about great startups, Some of them are very ambitious sounding like SpaceX and others sound incredibly stupid and trivial, like 140 characters. But now today, both Twitter and SpaceX are big companies. And a lot of startup societies will be similar. They'll either sound totally trivial, like Carb-Free or insanely ambitious like FDA free. And the thing is, you don't necessarily know which startup societies are going to work.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Right. Yeah, yeah, yeah. So that's the thing. Also, one of the big things about what I'm talking about here is it's absolutely morality first and money second. And it's, you know, the saying missionary over mercenary. So there's this great interview from several years ago with Charlie Rose had an interview with this historian called Paul Johnson. And he essentially points out that the for-profit colonies in America mostly fail, but it was the religious ones that the cohesion and commitment to make it through the brutal winters. Just like the religious maximalist community has the cohesion and commitment to make it through the brutal crypto winters and bring it back around to what we were talking about earlier. And just like the situation that we're potentially entering in the US, it could be like the next Great Depression. It could be the great stagnation or the great stag inflation or the great inflation. It could be not something that bounces back in a year.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“If you don't like some software company, you didn't like Google Docs, people could found Notion. Even a big company you could tackle like this. So the thing is that that ability to start that startup society, even if it doesn't have the full diplomatic recognition of a network state, is how those options actually increase. Because you mentioned, oh, if you don't like the current options, go to El Salvador. But El Salvador is fine.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Of organization against you, any possible form of dissent. And that's just total order without any feedback signal whatsoever on power. Whereas anarchy is the total opposite of that. So you're going to get, I feel, this world, I'm seeing things tracking towards that, where you have just total disorder over here, which will be justified by saying it's not the Chinese all-seeing eye. And you'll have the Chinese all-seeing eye justified by the fact that it's not the total disorder here. And it's like the Nazism versus communism thing, except it is total decentralization versus total centralization. And the alternative to that is many different examples of decentralization. What I mean by that is, you know, you said pick El Salvador, pick another country. The thing is that if you didn't like gem and you didn't like Ford and you didn't like Chrysler, well, you could found Tesla. You could found something that actually, I mean, it's very hard, you know, Alon's the first carpet based like FB Alan maybe, but it was possible to do so. And if, you know, with software.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“And a lot of Chinese people now want to leave their money. Okay, it's called Runzu, R-U-N-X-U-E, or Run philosophy. It's like basically there's three responses for the upper middle class, middle class, you know, Chinese liberal. And those are rat race, lie flat, get out, or runzu. So Runzu, the problem is there's reactivity on everything. And the more popular that becomes, the more it's going to be portrayed as some combination unpatriotic, some combination trying to take your money and leave after all China is done. So they're cutting off the exits in their own way to your point. So Chinese control is on their side of the world. And you know what they're going to say is they're going to say, look, we just stopped this American-style anarchy and they're going to export that surveillance state to lots of countries. And they'll say, look, this is just total stability. And you will never have anarchy and you will just be able to rule forever because our AI will pick up every possible form.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Pulled it back and put out some statement. This does not show a degree of caution on this topic. My point is, I think while American anarchy is happening or before it gets underway, Chinese control could follow a Chinese crackdown. And what does that happen? What does that mean? It means Chinese people can't leave the country. It's already happening where passport issuance is like down 95% over there. They're using the QR codes that they set up for the COVID stuff for internal lockdowns. There's already the pre-existing KuCao system of internal passports. They know that lots of Hong Kong people want to leave, but they don't want people to leave with their money.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“By the roots that possibly collaborated with that. Kinds of consequence of that I couldn't imagine, but it'd be like that it could cut off some physical goods as targeted reverse physical sanctions. Like, okay, we'll sell you chairs, but not these key screws that you need for certain military things. It would be viewed as this insanely hostile act. And you might say, well, I mean, the U.S. government is smart enough that it won't try that. The US established smart enough to try that. Have you noticed nuclear brinkmanship with Russia? Have we seen some of the stuff, even if you agree, as I do, that the Ukrainians deserve freedom and so on, I don't think that some of the stuff where it's like being very casual about nuclear war is smart. And I also think that the fact that they're still poking on things like Taiwan and so on while they're in the middle of the Russio-Ukrainian war, there's various statements that are being put out on Taiwan. I think Biden put out some statements.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“So, short answer is, or short version is, I think it is possible, I can't say 100%, but that some kind of China coup will be attempted against Xi Xinping or the Chinese Communist Party. So whether it's like actually U.S.-backed or not, I don't know. But for Garsai to put out a book like this, for Soros to make the comments he has, for this JSOC to put that video out there, for all the talk about, oh, there are not a democracy, so on, and like a lot of the same energy versus Russia, I think it's quite possible that some kind of China coup will be attempted. I don't think it's going to succeed for a variety of reasons, but that's the thing that the Chinese system is armored against. And I think that the response to an attempt like that would be an AI, okay, the AI of the Chinese state ripping out any piece of civil society.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“And the scenario that I think might happen in China is there's this book by Roger Garside called China Coup. And, you know, various guys, George Soros has kind of hinted at this. You know, there's this group, the Cywar group in the US that put out a video about a month ago that's talking about Cywar and has like photos of China and how they're doing cyber in China. Do you see this video, this ghost video?”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Is the diplomatic recognition of a network state? Okay, so that portability is one dimension of it. Another dimension is the one you're talking about, which is physical migration. And the thing is that Like several things I can say. So, first is if somebody plans poorly, Can't be their keeper. You know, you can't just And one of the things I mentioned when I talked about earlier, I said American anarchy. On the other side of the world, what's burgeoning is the opposite of that, which I call Chinese control”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Is an unusual definition because you might say, wait a second, why do you care whether Florida or Denmark or the United Nations recognizes you? Why should that matter? You should be able to just do it totally from scratch, right? And the reason that I have that, that's a very high bar for diplomatic recognition. The analogy would be Bitcoin starting as a pure internet phenomenon, and then eventually getting listed on Bloomberg and eventually eventually becoming the sovereign currency of El Salvador. It attained diplomatic recognition, but it took like 10 years. The reason is that that, as I can get into, diplomatic recognition is actually very important because it means the existing, it's almost like the crypto fiat exchange, you know, the exchange between crypto and fiat, the ability to be halfway dollars or 95% dollars and 5% crypto, that exchange turns out to be like a critical part of the entire transition to crypto. In the same way, the exchange or the interface between crypto countries and fiat countries”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Important thing I just want to say is that in the book I make a distinction. I talk about startup societies and network states. I define a network state as actually one that has diplomatic recognition from an existing sovereign.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Poke is in that quite a few counties in the US. There's also only one party on the ballot. So it's actually not as dissimilar in the sense that the smoke-filled room of the primary is the actual election. And then the public just simply ratifies whoever's at the top of that party's selection process. So that's the poke is that laughable communist process that we talked about is not that far away from a primary or like a party selection process that's the real election. And then people just pick their party candidate in the general. Okay, go.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“To be there and can leave at any time. They have consented, and it's a consensual society. The consent of the governed is actually the upstream thing of which voting is only this very downstream thing and voting can be manipulated. Voting in the Soviet Union, you know how they voted in the Soviet Union? You went there and you had a ballot and it had nothing on it if you wanted to vote for the communist and you could write the name on it if you wanted to vote for a non-communist. And everybody would look at you and be like, Really want to do that, right?”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“And that is something where it also does something else, which is it's 100% democracy rather than 51% democracy. 51% democracy is what it sounds like. 51% democracy is 49% dictatorship. 49% of people did not vote for this guy at any time nowadays. And for the last 30 years or something like that, these elections have been very, very close. And they feel, rightfully so, that they did not get their guy in power. And they do not feel empowered. This is not just in the US and in lots of countries. At any time on the order of 50% of the country feels the election, you know, they don't agree with the election, right? I'm not talking about any particular situation, simply the fact that you just keep getting 51%, 49%, 49%, 51%. The alternative to that, where it's like the Fosbury flop, if you talked about the Fosbury flop of democracy, is 100% democracy where every single person in this community has a green.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“This isn't like some kind of cult. How do you know that it doesn't go wrong? It's checked by exit. Everybody can leave at any time. It's literally got to recruit subscribers. And if you don't like it, you don't subscribe. And if you do like it, you keep your subscription. And if you liked it, but now don't like it, you cancel and you leave. It's society as a service, SaaS, the next SaaS. Except.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Okay, so I've talked about a one commandment society, which was like the cancel proof one, just to extend the sugar-free one for a second, like keto kosher, sugar-free society. So step one is all meals change, all restaurants change, all grocery stores change. On the one hand, that's a big thing. On the other hand, it's focused. You're not saying, again, you're not saying traffic lights change. You're not saying 50 other regulations, thousands of regulations that apply. You're not saying to change building codes, you're not trying to have self-driving cars. You're focused on one thing in that community. Do one thing really well. And that one thing of sugar-free after people lose 30 pounds, then what happens? Maybe then everybody gets equipped with a CGM, continues glucose monitor, right? Or you start rolling out other quantified cell stuff to the community. That moral innovation unlocks another moral innovation and another, and you start going from one commandment to one point five, and you start actually building it out. Now, to your point earlier about how do you know”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Just like some CEO or whatever doing it on their own. This way I also wouldn't call myself a libertarian. Going back to that thing about, oh, just go and get some land, a lot of people will try and be like, oh, I'm going to be the prince of so-and-so and I'm going to go and put a flag in some random unclaimed territory like sea land is like this or there's a spot in Eastern Europe that's like this or a spot in the Sahara desert. I'm going to be the prince of this, right? And the fundamental thing that libertarians, so they get they have half the picture, which is, yeah, starting new countries is good, but they don't have the other half, which is the obvious thing, which is, okay, you and what army? Or more specifically, you and what nation. They don't have a nation. They don't have a community. They don't have a people. And they start with these tangible things like land and laws that actually come last in the evolution. It's like is people have lost such track of history. They don't understand the organic formation of communities and they just”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, that's right. So quotas are actually not terribly bad necessarily because at least it sets a numerical target. You have to hit that target and then subject to the target. Then you're done and you've basically shown that you're fine. So point is I do believe that if colleges and workplaces and private clubs and so on exist, if Facebook groups and Twitter groups and signal groups, if selective admission exists of any kind, which it does, then that group should be able to crowdfund territory. And if it can crowdfund territory, then it can erect a border around it. Now, crucially, this is not a typical corporation. It could be literally a co-op, there could be many structures, it could be all coin holders. So it has more legitimacy than just like a company doing it. It's like a hybrid where it is really a group of people. It's hundreds or thousands or tens of thousands of very highly motivated zealots and activists who believe in this. So it doesn't feel like, oh,”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“That's actually something which is so baked into the culture and society that we sort of take for granted that you have permission control over things. So I do believe that that is coming, that you're going to be able to take those opt-in networks that people can select into online and then materialize them in the physical world. Now, laws are going to be different all over the world and people will lose their minds in different ways and different aspects of this. Other things you can do, by the way, is you could if you need to just literally set quotas. And so you are hyper selective, subject to having X percent of Y group and 8% of Z group and so on and so forth. That's also potentially an approach. And different countries actually do things like that. They just literally set quotas.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Right. So there's the entry US outside US and so on. So there's something called the bona fide private club exemption to those laws, which basically says if you are a bona fide private club with dues paying members, then you can have restricted access to the facilities. For example, 24-hour fitness basically has dues paying members and not, right? Harvard is very selective about their admissions. New York Times is selective about their admissions. So you have you have a genuine community online that you start with that you're selective on admissions, and then that community goes and buys laying together. Now, might therapy lawsuits and stuff like that, it's possible there's lawsuits, but this is a global thing. And just the concept of these selective online community, I mean, every Facebook group is selective. Every single Google Doc where you can add and remove permissions is selective. Every Twitter group DM is selective.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Happens is the network effect normally the whole Metcalf's law at n square, the more people, the more interaction, assumes those interactions are a positive sum. But you have to very carefully engineer a network for that to be the case. Something like Twitter has a global leaderboard which is inherently zero sum. If you're rising the leaderboard, I'm falling or vice versa. So that results in coalitional zero-sum behavior. A group of people align with each other to get to the top of the leaderboard and knock others down. That means that you have a networked defect because people polarize around certain moral beliefs and the network actually starts becoming less valuable as it increases in scale. Just like a company, you just hiring more people is not necessarily the optimum strategy. So the network defect means that in this era, you don't just want to be super viral and grow to the moon. You want to grow to the limit of what makes sense for your community to work. And that can be very different for different kinds of one commandments. I'll give several other examples. So the carb-free one, right? If you take that...”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Digital and physical. Basically, they don't just get an account. See, the difference is in the 2000s, people just wanted everybody to sign up online. Social networks were just about quantity, quantity, quantity, quantity. Just get everybody online. That was the right decision at that point. They were just meant to be super viral. The thing is, there's a network effect, but you know what? We also have is we have a network defect. When you get to a certain scale of a network, everybody starts fighting with each other because they weren't selected on the basis of aligned moral values.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Complete moral license to be as ruthlessly selective as they are. On the institutions they care about, they're highly, highly, highly, highly selective. So you have moral license to do that. So you have moral license to be selective. Now, by the way, being selective on entrance is different than not letting people exit. It's like you don't let everybody into your house, but if they want to leave your house, of course you let them leave. So they are different. Entrance and exit. So you have selective migration in and you're looking for people who have written about keto stuff.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Is actually a term that we use both in the corporate world and in the political world. Do you know what that term is? It's president. You know, like the president and CEO of a company and the president of a society. So the president of a startup society has aspects that are similar to the technological innovator, but they also have aspects that are similar to the moral innovator. And they started with that moral innovation. So I mentioned two so far, like the cancellation proof culture or the carb-free zone. Now, you take the carb-free zone, you start iterating it, okay? So first is everybody's drop 30 pounds. There's no sugar. You're buying more and more territory. People are like, whoa, this is amazing. And crucially, you have border control, right? You have an immigration application process. People sometimes get mad about this. I'm like, look, if Harvard can do it, if the New York Times can do it, if they can filter aggressively, everybody who steps into Harvard Yard or into the New York Times company Slack, then you have license to it.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“It looks like activists and philanthropists. So you have activists on right and left, and you have philanthropists on right and left who are backing these activists. And those activists can be activist activists. They could be aspiring young politicians. They could be NGOs. They could be various kinds of things. Folks who want to foment social change of some kind. Like a technological innovator who sees a problem in the market and wants to build a change here, these people see a problem in the law or in society and they want to take something that was a one and turn it to a zero, something that was bad and turn it good or vice versa. And they get funding from a philanthropist or they do it themselves. It's like bootstrapping and they try to drive.”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“Showed before and after that your moral innovation led to a technological innovation. Progress used to be thought of as moral and technological progress together. For example, the public health innovators in the early 1900s, public sanitation like sewers, that was both cleanliness is next to godliness and it was obviously a technological innovation for all the pipes and stuff. But the will came first and then the way. You know, those things were actually like highly related. Then what happened is those split over the course of the 20th century. And so now you have the tech innovators over here who do startups and stuff. Then you have the moral innovators who are political activists, social entrepreneurs, and so on and so forth. We don't actually think of those as the same kind of thing, but actually there's a market for revolutionaries. So on the tech side, it's obvious you have venture capitalists and you have founders. Do you know what it looks like on the political side?”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT
“You intradite it, you take it seriously. And if you really seriously take sugar and carbs bad and you take that to the nth power and you have a small town that really thinks sugar is bad, what happens? Well, first of all, it changes everything on the store shelves. Every single grocery store, there's no cookies, there's no candies, there's also no high fructose corn syrup stuff. A lot of the prepared stuff, a lot of that stuff goes away. It changes every restaurant. They can no longer add syrups and things to their food to make it tastier. It changes every meal. So first of all, that alone is a lot. Changing every single meal and every single grocery store and every restaurant within these borders is a pretty big deal. As I said, keto kosher is oppressed in for it, which is kosher and changing food, but that's pretty big. You go further. Once you've got this done, probably people lose like 30 pounds coming to the community. So you have photos that”
2022-07-04 · The Tim Ferriss Show · #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 · IDENTIFIED FROM THE TRANSCRIPT