Decentralizing the Dollar: A Financial System Beyond Washington
Anurag Arjun, co-founder of Avail and one of the original architects behind Polygon, examines how decentralization could redefine the dollar’s future.
As modular blockchain infrastructure advances, every empire has been built on money and backed by a flag. But for the first time, the flag monopoly that underpins global power is cracking.
And what threatens it is not China or Europe, but code, corporations and blockchain protocols, or as angel investor and tech founder Balaji Srinivasan calls them, Network States.
Empires have always relied on bankers to finance their armies. Those who control the banking rails control the world. After the British Empire waned, the U.S.-led financial system—anchored by NATO countries—rose to dominance.
Author summary: Decentralization redefines dollar's future.
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