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The Guardian - US
The Guardian - US
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Sam Venis

UNBELIEVABLE: Could new countries be founded on the internet - The Untold Story

‘In a world where billionaires can run companies larger than countries, Srinivasan asks, could such a state achieve recognition from the United Nations?’
‘In a world where billionaires can run companies larger than countries, Srinivasan asks, could such a state achieve recognition from the United Nations?’ Photograph: John Minchillo/AP

In The Network State, a buzzy new book by Balaji Srinivasan, the former chief technology officer of Coinbase, poses a devious question: how do you Larp a country into existence?

Released provocatively this 4 July, the book presents Srinivasan’s case for a new model of digital statehood run and managed in the cloud. A network state, as he describes it, is basically a group of people who get together on the internet and decide that they’re going to start a country. With a social network to connect them, a leader to unite them, and a cryptocurrency to protect their assets, Srinivasan says a country can be born with laws, social services and all. A network state is a country that “anyone can start from your computer, beginning by building a following” – not unlike companies, cryptocurrencies, or decentralized autonomous organizations (DAOs). In a world where billionaires can run companies larger than countries, Srinivasan asks, could such a state achieve recognition from the United Nations?

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