Cryptopaleoinstutionality, Memex, Regen
The field of crypto presents us with a historically unprecedented opportunity to see rapid institutional evolution.
New voting systems and community management systems are tested live, and institutional innovation will supercharge economic growth.
The cryptoeconomic stack consists of telecom hardware, layer 1 blockchains, fungible and nonfungible tokens, decentralized autonomous networks (DAO’s), and tooling. Fast copy innovation via forking creates an ecosystem of competing blockchains and tokens which rapidly iterates. Berg finds L1 and L2 interactability particularly interesting for institutional development.
Chris believes that crypto fundamentally solves the problem of institutional monopoly – your physical location dictates the set of institutions available to you, but crypto changes that.
Translation from crypto to real world. It’s been difficult to get crypto innovation translated to real life applications.
Using new crypto institutional technologies – to manage new industries and technologies, rather than having them move backward into existing institutions.
Defining what types of government to move on-chain