Bitcoin Enthusiasts Seeking to Crowdfund New Country

The Bitcoin entrepreneurs who aim to crowdfund a new country believe they are on the “cusp of a new renaissance.” Azi expressed excitement about this potential future but predicted the emergence of a “Luddite movement” opposed to new technology. This movement, according to Azi, would result in job losses and economic shifts. Nevertheless, he remains optimistic, envisioning a dramatic transition to a “network state,” which he described as a more evolved stage of human society. Said transition, he warned, could be violent and Darwinistic.

Emerging Kings of a Crowdfunded Kingdom

Instead of feeling daunted by this future, Azi seemed invigorated by the prospect of corporate dictators rising from democracy’s remnants to rule over networked empires. This vision leads him to anticipate significant societal changes.

Discussing the Network State

At the bar, I chatted with two young women, Ezra and Dylan, who didn’t appear to be part of the crypto crowd. Ezra managed a nearby nightclub, while Dylan was a student. It seemed they’d been invited to bring some flair to this gathering of Bitcoin enthusiasts and tech geeks. Interestingly, they had their own thoughts on the network state idea.

“What happens if you can’t find enough employees for hospitals or schools?” Dylan asked. “It’s impractical to start an entire city without any government.” To Ezra, the entire concept felt dystopian. “We wanted to experience what a ‘real cult meeting’ would be like,” she joked.

Just then, Dryden Brown, co-founder of Praxis, appeared. I followed him outside as he took a cigarette break. He explained that Praxis Magazine was meant to showcase the new culture he envisioned. Describing Praxis as a pursuit of the “frontier” and “heroic virtue,” it was clear he was striving for something radical.

I doubted Dryden would manage well in an actual pioneer setting. He looked exhausted. I had numerous questions about the network state project: who would be its citizens? Who would govern it? What was with the alt-right imagery? And, echoing Dylan’s question, who would staff the hospitals?

A Wild Night and Controversial Lament

Despite my inquiries, we were repeatedly interrupted by new arrivals. Dryden invited me to visit the “Praxis Embassy” the next day. As the party inside grew wilder, Ezra and Dylan, along with some model-like friends, began photocopying parts of their bodies on a Xerox machine. I grabbed a copy of Praxis Magazine and left.

Back at my tiny Airbnb above a Chinese supermarket, I leafed through the magazine. Among the white supremacist memes and gun advertisements, I found a QR code. Scanning it led to a 20-minute film: a polemic lamenting modern life’s emptiness and yearning for a lost world of hierarchies and heroism.

Curious to learn more about the ambitious plans of these Bitcoin entrepreneurs? Click Here For More Trading tips and strategies.