I love the idea of the libertarian movement. But like all ideologies when taken to an extreme, it tends to destroy more than it liberates. Network School by Balaji is built on the network state idea. On the surface it looks like bringing smart people in through startup cities that benefit the host country. But underneath, the real goal is to gather a group of ideologically aligned people, buy up land, and eventually create their own sovereign country and government.
Where it gets dirty is they don't do this in their own countries. They go to other countries and attempt to, for lack of a better word, colonise.
Malaysia is one of the prominent real-world experiments in the network state movement, sold as a “startup city”. At the present moment, Balaji is arrogantly threatening to pull out his $20M investment if he doesn't get what he wants, not realising that Malaysia is fairly rich and an established country. The controversy has sparked significant public backlash and Malaysians are more than happy to see him go. Nobody wants foreigners colonising their land.
We see the same playbook in Greenland where the same investors backing network states push "freedom cities" only to pave the way for Trump to want to own it. Plenty of others in this category like Honduras and Praxis.
At the end of the day, any ideology taken to the extreme backfires. Same goes for democracy and communism. What bums me out is that because these new age colonisers tie themselves to the libertarian movement, Bitcoin's reputation takes a hit too.
Where it gets dirty is they don't do this in their own countries. They go to other countries and attempt to, for lack of a better word, colonise.
Malaysia is one of the prominent real-world experiments in the network state movement, sold as a “startup city”. At the present moment, Balaji is arrogantly threatening to pull out his $20M investment if he doesn't get what he wants, not realising that Malaysia is fairly rich and an established country. The controversy has sparked significant public backlash and Malaysians are more than happy to see him go. Nobody wants foreigners colonising their land.
We see the same playbook in Greenland where the same investors backing network states push "freedom cities" only to pave the way for Trump to want to own it. Plenty of others in this category like Honduras and Praxis.
At the end of the day, any ideology taken to the extreme backfires. Same goes for democracy and communism. What bums me out is that because these new age colonisers tie themselves to the libertarian movement, Bitcoin's reputation takes a hit too.
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