Yes

Never read Diamond Age, I’ll put it on my list. Thanks for the reply and recommendation.

Even without government/regulatory capture. The network effect makes not participating more costly as the network grows. Meaning you can still lose even if you don’t play.

Years ago I thought Balaji was a genius. But now he’s just a rich guy who thinks just because he’s smart and has a a crowd he can weigh in on everything.

The idea that a “network state” where an on-line community using NFTs as passports to sleep on each other’s couch would somehow be recognized by actual countries makes for a cool sci-fi plot (I’d read that!). But it has no place in reality.

Don’t accept it when organizations require you to sign up and hand over personal information to private and commercial third parties. Requiring Facebook is an active attempt at curbing participation.