Balaji
Balaji is a leading voice in the Web3 space, renowned for his work on The Network State and founding the Network School. He provides profound insights on crypto-states, decentralized governance, and digital sovereignty through his essays, threads, and AMAs across platforms like Twitter. His content explores the intersection of technology and the future of global society via blockchain innovation.
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Latest X Posts
The provably secret ballot. The crypto coalition. The onchain vote.
The right kind of ambition is to compete against yourself. To be the best version of yourself.
The US federal budget is $7 trillion. There are 535 in the Senate and Congress. They collectively allocate that money. Specifically: 7000/535 = 13 billion per official. Which means AOC is a political billionaire. She allocates far more than any market billionaire. Indeed she allocates ten billion liquid, per year. A market billionaire has one billion, illiquid, per life. So: AOC spends 10-100X what a market billionaire has. It's not even close. She's right about one thing, though. AOC didn't earn the tens of billions she spends. The state taxed that money, by force.
Original graphic from @amuse. Data from @LeaveDelaware. https://x.com/amuse/status/2044787387482448330
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Latest X Posts
The provably secret ballot. The crypto coalition. The onchain vote.
The right kind of ambition is to compete against yourself. To be the best version of yourself.
The US federal budget is $7 trillion. There are 535 in the Senate and Congress. They collectively allocate that money. Specifically: 7000/535 = 13 billion per official. Which means AOC is a political billionaire. She allocates far more than any market billionaire. Indeed she allocates ten billion liquid, per year. A market billionaire has one billion, illiquid, per life. So: AOC spends 10-100X what a market billionaire has. It's not even close. She's right about one thing, though. AOC didn't earn the tens of billions she spends. The state taxed that money, by force.
Original graphic from @amuse. Data from @LeaveDelaware. https://x.com/amuse/status/2044787387482448330