Humanity 1.0, 2.0 and 3.0 Revisited

Yes, I agree with those three categories, and to add a bit more texture from a perspective grounded in institutional theory:

  • Humanity 1.0 – natural state pre-rule of law and violence everywhere (pre-Hobbesian, life was brutish, nasty, and short)
  • Humanity 2.0 – sovereigns and rule of law emerge – cities become possible & we start to create public goods via taxation and public sector – transaction sector (banking, finance, insurance, etc) also emerges as a consequence of rule of law enabling commercial contracting
  • Humanity 3.0 – with blockchains and rule of code we no longer need rule of law to enforce digital property rights so most of money, banking, finance, and insurance can become digitally native – we still need old world rule of law via sovereigns to enforce physical property rights and safety against violence in the densely-populated cities (to prevent property theft, vandalism, murders, muggings); at same time, market competition b/w public goods protocols (similar to the competition today b/w L1s) takes over for public goods provisioning and with network governance delivers an outcome w/ market based provisioning of public goods that crushes inefficiency and lack of transparency of old world public goods provisioning models; the end result is the nation state will lose its pivotal role in money, banking, and public goods provisioning and thus the good news for humanity is nation states can get skinnied right down to essentially “meatspace security contractors” with a role to ensure everyone’s “right to life, liberty, and happiness” (which still requires police, courts, jails, imo); as this transformation takes place (roughly a 30-50 year transition is my best guess) a whole new class of on-chain crypto protocol institutions will emerge that slowly chip away at other areas of monopoly power of the state and erode the justification of it’s gargantuan annual tax take

Big changes ahead! :-)

Leave a comment