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The Network State

Balaji Srinivasan · 12 Jul 2026

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Balaji Srinivasan did not write this page.

Every claim below was made in this book, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The chapter headings are the book's own, and which chapter a claim falls in was found in a stored copy of the text rather than typed. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

2.3 Political Power and Technological Truth

  1. new laws are like code that is pushed live to production without even being read (let alone tested), often in the face of tremendous opposition, affecting millions of citizens, with minimal monitoring to ensure they’re producing the desired results, an extremely slow customer feedback cycle, and few ways to truly opt out.

2.4 God, State, Network

  1. Encryption thus limits governments in a way no legislation can.
  2. In this sense, the Network is the next Leviathan, because on key dimensions it is becoming more powerful and more just than the State.
  3. As incredible as it may sound, the blockchain is the most important development in history since the advent of writing itself, as it’s a cryptographically verifiable, highly replicated, unfalsifiable, and provably complete digital record of a system.
  4. As mentioned before, Uber and Lyft are better regulators than the State’s paper-based taxi medallions, email is superior to the USPS, and SpaceX is out-executing NASA.

2.5 People of God, People of the State, People of the

  1. the US establishment is not more ethical than the CCP when it comes to civil liberties. It’s just less competent!
  2. even the most committed American nationalist is hard pressed to name a country that’s better off after a recent US military intervention, something that wasn’t that hard to do from 1945-1991.

2.6 If the News is Fake, Imagine History

  1. the vast majority of Americans had no practical freedom of speech unless they owned a media corporation or were employed by one.

2.8 Left is the New Right is the New Left

  1. Unfortunately, no, because politics is about people who disagree with you. If you’re working with computers, or robots, or pure math, you don’t have politics.
  2. If you want to produce moral and not just technological progress, you’re going to have to introduce new moral premises that invert what people previously believed.
  3. The primary axis is no longer the politico-economic axis of capitalism-vs-communism, but the ethno-cultural axis of ethnomasochism-vs-ethnonationalism.

3.1 NYT, CCP, BTC

  1. Today's world is becoming tripolar. It is NYT vs CCP vs BTC. That's the American Establishment vs the Communist Party of China vs the Global Internet.

3.4 Moral Power, Martial Power, Money Power

  1. The establishment journalist claims to speak truth to power, but somehow never gets around to investigating themselves or each other.

4.3 Technoeconomic Axes

  1. Another example is Bitcoin. It’s the Unix of money. You can send millions with a keystroke or rm your entire fortune. That’s more upside and more downside, by making people power users, and taking away the system administrator.
  2. Just like Hollywood once compared Netflix to the Albanian Army, the US establishment doesn’t yet understand how much better Satoshi Nakamoto or Vitalik Buterin is than every apparatchik they have in the Federal Reserve system.
  3. Few institutions that predated the internet will survive the internet.

4.5 American Anarchy, Chinese Control, International Intermediate

  1. This US government can’t build a bathroom in San Francisco, let alone a costeffective fighter jet, destroyer, combat ship, or aircraft carrier.
  2. I disagree with the fundamental moral premise of Maximalism, which is that Bitcoin is the only coin and all other digital assets are sins.

4.6 Victory Conditions and Surprise Endings

  1. If you run a two-sided marketplace, you’ll find contra Hayek that not all knowledge is local.

5.2 On Nation States

  1. This gives us a new perspective on why micronations like Sealand don’t work: they start backwards, from the territory and the government, rather than working forwards from a people and their culture.

5.3 On Network States

  1. missionary societies outcompete mercenary ones, not just in theory but in practice.
  2. Given the consent of the governed, any form of government is internally legitimate.
  3. After the financial deplatforming of Western proles and foreign elites, of Canadian truckers and 145M Russians, it’s clear that digital finance is a weapon of war.
  4. Paradoxically, the organization that demands trust can get less of it, while the organization that shows their work - thereby not asking for trust - builds up more of it.
  5. Law is a function of latitude and longitude, so if you can easily change your latitude and longitude, you can change the law under which you live.

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