“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!
"Mycelial networks act as a resource transport layer and communications network connecting organisms in the biosphere. This enables organisms to voluntarily trade resources and...
"The answer that matters depends on the context. The context you need to have is that cryptocurrency, i.e. Bitcoin, was invented/discovered initially to allow...
"That is not to say that Bitcoin will lead us to a pacifist utopia in which any attempt at violence suffers metaphysical intervention by...