
balajis
@balajis.eth
Author of the Network State.
Founder of the Network School.
Work with us at jobs.ns.com.
Pinned
All Farcaster network staters that are in town for Token2049 or Solana APEX should come.
This year's Network State Conference is on Friday October 3 in Singapore.
Our speakers include Vitalik Buterin, Bryan Johnson, Ben Horowitz, Brian Armstrong, Amjad Masad, Ranveer Allahbadia, Arthur Hayes, Nas Daily, Noah Smith, Andrew Huberman, and the governments of Singapore, Dubai, Abu Dhabi, and El Salvador.
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This year's Network State Conference is on Friday October 3 in Singapore.
Our speakers include Vitalik Buterin, Bryan Johnson, Ben Horowitz, Brian Armstrong, Amjad Masad, Ranveer Allahbadia, Arthur Hayes, Nas Daily, Noah Smith, Andrew Huberman, and the governments of Singapore, Dubai, Abu Dhabi, and El Salvador.
Regi...
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Individually alpha is collectively beta.
Thatβs actually the centrist argument against the sort of caricatured ultra-masculinity thatβs in vogue today. I understand how that ideology arose, but it actually makes you weak, because it inhibits scaled cooperation.
Essentially: in almost every context in life you canβt a...
Great line from a recent podcast interview with @balajis.eth: βIndividually alpha is collectively beta.β
He describes how designing for cooperative, positive-sum behavior in Internet-first communities is hard. It got me thinking that first defining the community itself might also be a challenge.
Is Farcaster one comm
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New talk from Bitcoin Asia, with some new ideas.
What happens when Bitcoin wins?
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Thesis
Farcaster should unapologetically use AI to keep the vibe positive and pro-builder in the default client.
Anyone can do what they want in other clients, but defaults matter.
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AI could determine whether a Farcaster post is on topic. And whether itβs more positive or negative than you intended. In general, it can scale up opt-in content moderation.
Many kinds of UX uses that are just beginning to be explored.
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AI is for prototyping, not production.
(At least, not without heavy review.)
Normie friend on vibe coding.
Context: Has studied engineering, used to be b2b software pre-sales, has his own retail business now. Likes to fiddle with SQL and Excel macros, and a couple of lines of code copy-pasted from here and there, but he's no developer.
- About a month ago: "Software developers are done, LLMs
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AI is amazing. But AI is also awful.
I see so much sloppy, low quality, absolutely midwit work done with AI.
The worst part is that many AI users have no taste whatsoever, and are actually proud of their completely error-prone midwit slop. And they donβt understand that the numbers AI generates are often wrong, becau...
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The Internet is going to win.
It will win much bigger than most people yet realize.
And few if any institutions that predated the Internet will survive the Internet.
So weβll need to rebuild Internet-first replacements for those institutions.
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Whatβs the best tool for token-gated sites or Discords in 2025?
As an experiment, I will buy the NFTs of the best replies π
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I think where it actually landed up is:
Bitcoin > Fed
Exchanges > banks
Ethereum, Solana > tradfi
Stablecoins > fiat
And Farcaster/Base/Zora are just starting to take on social.
The rest of big tech isnβt yet directly touched by crypto-based competition but eventually it will be (eg ENS/SNS vs Google login, hardware...
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Today, all internet companies launch digital currencies.
Ten years from now, all digital currencies form physical communities.
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Of the top ten assets:
- six digital companies
- one digital currency
- three physical commodities
So, the 20th century American economy is nowhere to be seen. Itβs been deprecated in favor of the virtual 21st century and the physical 19th.
The future and the past, together against the present.
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This pod went mildly viral among Bitcoiners.
Full episode here:

Balaji
@balajis
4mo
Here's the podcast that @BritishHodl and many Bitcoiners liked.
0:00 - Introduction
1:32 - West vs East
6:33 - The ascending world
10:30 - Denying while declining
14:00 - Millionaire migration map
18:20 - Several exponentials
20:10 - Four factions (Blue, Red, China, Internet) https://t.co/a0jHp0d20D
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