Former Coinbase CTO talks about Technodemocracy: Crypto wallets can control real resources in the future

According to Mars Finance, Balaji Srinivasan, former CTO of Coinbase and author of "The Network State", delivered a keynote speech "Technodemocracy" at Token2049 held on September 18. In his speech, he said that Internet voting governance has long existed, and there are currently three types: social media voting, DAO voting, and Estonia's online national voting. The fourth stage of digital governance will come from encryption, and the technology for managing Discords can also be used to allocate DAO funds, open doors and even control drones. Technodemocratic voting can control not only digital things, but also physical entities, which also means that crypto wallets can control real-world resources. He also listed some examples of Technodemocracy, such as crypto-verifiable voting, streaming voting, social smart contracts, provable limited government, truly global business, truly comprehensive candidates and the new politics it brings (Mars Party led by Musk, Open Source AI Party led by Donny Ak, etc.). These technological democracies started purely online and will enter the fiat currency world in the future.