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Andreas Antonopoulos: Introduction to Bitcoin

The ‘Network State’: Balaji Srinivasan’s Vision of a New Economic Paradigm

In a recent episode of the podcast “What Bitcoin Did,” Balaji Srinivasan, a prominent angel investor, tech founder, and author of ‘The Network State,’ presented an intriguing concept of network states. These decentralized nations, unlike the 2008 financial crisis which centralized power in the hands of the banks, are powered by the notion of a ‘self-bailout’ and have the potential to reshape the dynamics of our global economic system. During the interview, Srinivasan opined that the impending fiat crisis is vastly different from the financial crisis of 2008. According to him, the 2008 crisis was solvable by printing more money