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Maples: Decentralized cloud societies will eventually function like future nation-states

Mike Maples · 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks | My First Million #191 · Jun 16, 2021 · at 41:05

Mike Maples, co-founding partner at Floodgate, discusses Balaji Srinivasan's concept of cloud culture and the network state on My First Million.

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“What I think happens at the limit is that all of these different cloud cultures are like their own societies. And so right now the main, main organizing principle of society is the nation state, which is also an economies of scale centric model. Right. But if you think about it, what is Bitcoin really? Bitcoin is a society of people who care about sound money. And the protocol is what enables governance. And so these cloud societies at the limit, I think, look more and more like the future version of countries.”

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