Get Balaji on Dwarkesh Podcast

Balaji is shaping crypto’s next chapter right now, arguing that after proof of work and programmability, a privacy era began in 2025 that will define the next five years of the industry. That thesis has immediate stakes for developers, regulators, and investors deciding what to build and where capital should flow today.

At the same time, prediction markets have exploded into the mainstream and onto Capitol Hill in January 2026, with Wall Street staffing trading desks and lawmakers responding to high profile trades. Balaji has been one of the most forceful advocates for market based truth signals, so his take on how to harness these tools while avoiding abuse could not be more timely.

He is not just talking, he is building, from launching a Network School on a private island near Singapore to convening the Network State Conference in Singapore on October 3, 2025 with leaders from Ethereum, Coinbase, Solana, Telegram, and multiple governments. Dwarkesh’s deeply researched style is exactly what is needed to stress test these ideas, from crypto privacy to network states, while they are breaking into the real world.

If you want this conversation to shape policy and product decisions happening this quarter, support this nomination today.