The document discusses the impact of cryptocurrencies, particularly Bitcoin, on traditional nation-states and the concept of democracy. It highlights the relationship between money, energy, and state power, noting how Bitcoin disrupts these dynamics and the emergence of Initial Coin Offerings by governments. Additionally, it advocates for a new political approach through blockchain technology to create more transparent and liquid democracies.

1. By Andrey Bugaevski & Santiago Siri
democracy.earth
Crypto politics:
Beyond the Nation-State.

2. Nation-States:
Monopolies of Money & Force limited by geography.
Source: freedomhouse.org

3. Being Disrupted:
Bitcoin began the
divorce of Money &
State…

4. Being Disrupted:
Bitcoin began the
divorce of Money &
State…
…and Energy & State.

5. The link between Money & Energy…
Source: US Bureau of Labour Statistics
…begins here.

6. Fiat is only half the
story…
After re-inaugurating
official state visits to
the Middle East since
Eisenhower; in 1974 the
!USA reaches an
agreement with "Saudi
Arabia that all oil
contracts must be done

7. Accounting Energy is the name of the game..

8. Maintenance Cost:
Fire & Fury
Whoever dared to
challenge the
monopoly of the
petrodollar, faced the

9. Then this happened…
Source: Federal Reserve Board
The subprime mortgage
crisis led to a drastic
sudden increase of the
US monetary base.

10. Then this happened… and they* noticed it.
*nuclear

11. Initial Country
Offerings
Unlike the dot-com era
fueled by corporations,
now it’s governments
going for ICOs and
cryptocurrencies of
their own.
These energy-rich
countries already made

12. What went wrong in Venezuela # ?
Bitcoin’s Proof of Work led the
government to detect Bitcoin
miners in the country by
detecting increases in the
electiricty consumption.
It violently attacked miners

13. How are we going
to fight back?

14. On Latin-American
Politics…
We started the Partido
de la Red back in 2012.
Ran for elections: 1% of
votes in Buenos Aires
$
Long story, short:
politics is corrupting.

15. @JulioCoco from Caracas
We connected with a vast network of hacktivists.

16. Focused on Blockchain + Democracy R&D
Democracy Earth Foundation

17. Our Team
15 Core members
from 8 counties
Super active
Community - 1915 people
Ambassadors - 30+
Volunteers - 60+

18. Democracy is in decay due to cloud vs. land conflict.

19. Voting is a specific kind of transaction.
It’s already the main
interaction of the www.

20. Voting needs to be tokenized.

21. And let votes build liquid democracies.

22. democracy.earth & github.com/DemocracyEarth

23. REPLACE
THE STATE
WITH BITCOIN.

24. “We will create a
civilization of the Mind in
Cyberspace. May it be more
humane and fair than the
world your governments
have made before.”
John Perry Barlow
Let’s continue the conversation:
@DemocracyEarth & @AndreyBugaevski