“Today, bitcoin is still an alternative treasury asset, but as larger and more powerful organizations begin to use Bitcoin directly, they will begin to tear away from the overreach of governments. This in and of itself will challenge the dynamics of governance and the nature of nation states as we currently know them." - Ck_snarks
We all know that Bitcoin creates sovereignty and protects the individual's right to own and use money without the permission of government. But everything it provides to the individual, it can provide to a company as well. With the BitMEX example giving us a taste of what could be, Christian Keroles takes us through a great, quick read on the sovereignty of business enterprise in a Bitcoin world, and how it fundamentally changes the dynamics of governance, and removes the power to shut down the capital of the world.
Check out the full article plus the tons of other great works at Bitcoin Magazine:
https://bitcoinmagazine.com/articles/the-sovereign-company-thesis
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet - Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co - The first Free, no-fee exchange & Bitcoin banking services!
Is Lightning the TCP/IP of Bitcoin? An analogy that breakdowns the scaling implications and understanding of how layers will build the future we envision...
"In sum, the U.S. government has shown that — through the GFC, repo spike crisis in 2019 and pandemic crisis in 2020 — it...
"Permission can only be denied if it is requested. Direct, peer-to-peer interaction obviates permission and equalizes market power. Don’t request permission to transact; transact....