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The Network State

Balaji Srinivasan · 12 Jul 2026 · thenetworkstate.com

25 korrents from this book

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 often get enacted the way untested code is pushed to production: unread, poorly monitored, slow to show results, and hard to opt out of.

    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. Strong encryption limits what governments can do in ways that legislation cannot.

    Encryption thus limits governments in a way no legislation can.
  2. The Network is becoming the next Leviathan after God and the State, because on key dimensions it is growing more powerful and more just than the State.

    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. The blockchain is the most important development in history since the invention of writing, because it is a cryptographically verifiable, highly replicated, unfalsifiable, complete digital record.

    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. Private networks like Uber, Lyft, email and SpaceX already outperform their state counterparts — taxi medallions, the USPS and NASA.

    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 on civil liberties, it is just less competent at exercising the same kind of power.

    the US establishment is not more ethical than the CCP when it comes to civil liberties. It’s just less competent!
  2. It is hard to name a country that is better off after a recent US military intervention.

    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. Before the internet, most Americans had no practical freedom of speech unless they owned or worked for a media corporation.

    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. Technology cannot let people escape politics, because politics arises from the existence of people who disagree with each other.

    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. Producing moral, not just technological, progress requires introducing new moral premises that invert what people previously believed.

    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 global political axis has shifted from capitalism-versus-communism to ethnomasochism-versus-ethnonationalism.

    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. The world today is dividing into three poles: the American establishment, the Chinese Communist Party, and the global Bitcoin/crypto network.

    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. Establishment journalists claim to speak truth to power but never investigate themselves or each other.

    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. Bitcoin creates more upside and downside than traditional money because it makes users power users with no system administrator to fall back on.

    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. Satoshi Nakamoto and Vitalik Buterin are substantially more capable than the officials at institutions like the Federal Reserve, a fact the US establishment fails to recognize.

    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. Most institutions that predate the internet will not survive it.

    Few institutions that predated the internet will survive the internet.

4.5 American Anarchy, Chinese Control, International Intermediate

  1. The US federal government has lost the capacity to build basic infrastructure, let alone advanced military hardware.

    This US government can’t build a bathroom in San Francisco, let alone a costeffective fighter jet, destroyer, combat ship, or aircraft carrier.
  2. The Bitcoin Maximalist premise that Bitcoin is the only legitimate coin and all other digital assets are illegitimate is mistaken.

    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. Two-sided marketplaces show that not all economically relevant knowledge is local, contrary to Hayek's calculation argument.

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

5.2 On Nation States

  1. Micronations like Sealand fail because they start from territory and government rather than building outward from a people and shared culture.

    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. Movements built around a shared moral cause outcompete purely profit-driven ones, in practice as well as in theory.

    missionary societies outcompete mercenary ones, not just in theory but in practice.
  2. A government is legitimate internally if the governed have consented to it, whatever form it takes.

    Given the consent of the governed, any form of government is internally legitimate.
  3. Digital finance has become a weapon of war, as shown by the financial deplatforming of groups like Canadian truckers and Russians.

    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. An organization that demands trust ends up with less of it than one that shows its work instead.

    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 tied to geographic location, so the ability to easily change one's location is the ability to change which laws one lives under.

    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.