Crypto keeps working even when banks, governments, and traditional institutions lose public trust.
Digital communities are moving offline through blockchain campuses, zones, and real-world governance experiments.
In developing economies, phones act as bank accounts; savings are held in Bitcoin and stablecoins.
Former Coinbase CTO Balaji Srinivasan has reignited a deeper debate around cryptocurrency, not as a speculative asset class, but as an ideological and institutional backup system for the United States and the wider West.
Speaking on the Network State Podcast, Srinivasan argued that crypto represents both a failsafe and an upgrade to American values at a time when trust in banks, governments, and political systems is eroding. In his view, crypto is what remains functional when traditional institutions strain or break.
“Crypto is the backup of American val…
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