**Summary:**
In this video, Task discusses his belief that the traditional nation-state model of governance is becoming obsolete in the digital era and may not survive beyond this century. He delves into the historical context of nation-states, how technological advancements have reshaped economic structures, and the rise of decentralized networks like cryptocurrencies. Task argues that as societies become more interconnected through digital platforms, traditional governments will struggle to adapt to the rapid changes. He envisions a future where virtual reality, blockchain technology, and network economies will redefine the concept of governance and national boundaries.

**Detailed Analysis:**
Taskmaster starts by addressing a question he's been asked multiple times about why he believes the nation-state model will likely be obsolete by the end of this century. He points out that the nation-state system was developed during a time when physical boundaries and geographical distinctions were significant factors in governance. However, with the shift towards a digital world, characterized by networks and decentralization, the relevance of the nation-state is diminishing.

He discusses how technologies like 3D printing and cryptocurrencies are transforming traditional manufacturing and economic systems. Task predicts that crypto networks like Ethereum could rival the economic output of entire countries, highlighting the potential for self-sustained digital economies.

Taskmaster also critiques the government's inability to efficiently adapt to the digital realm, citing examples like the ineffectiveness of enforcing copyright laws in the era of online music sharing. He emphasizes the challenges governments face in regulating social media and data privacy in an increasingly digital world.

Furthermore, Task explores the implications of blockchain technology on government transparency and the potential for privacy layers to thwart surveillance efforts. He argues that the evolution of blockchain and privacy-enhancing technologies could challenge traditional government control mechanisms.

Moreover, Task envisions a future where immersive technologies like virtual reality will blur physical and digital boundaries, redefining how people interact and conduct business across borders. He predicts a gradual shift towards a more decentralized, digitized form of governance that transcends traditional national identities and boundaries.

In conclusion, Taskmaster suggests that as society progresses further into the digital and virtual realms, the concept of the nation-state will become increasingly outdated and irrelevant. He anticipates significant societal transformations driven by technological advancements, ultimately leading to a new era of governance that is more aligned with the interconnected, network-based nature of the digital age.

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there are also cultural, ethnic, religious and other stuff to keep in mind when talking about states. Yes governments are crap but states could be ruled in other ways 

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The privacy aspect to block transparency is quite interesting and I wonder if it will be the path in the future. I actually don't mind the transparent aspect of the chains right now.

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goverment will become underground later 😂

When you were born to lead you lead

That was a very good analogy with the feudal system. We tend to ignore that back then they thought that they had the best possible system and now we know that it makes no sense at all. I'm sure the same will happen to the current system, as you said.

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