March 19, 2016
An Autonomous World: The Blockchain and the Sovereign
Medium
Blockchain technology has made possible the combination of two important concepts: (A) the existence of a highly liquid store of value that does not depend on the existence of a sovereign or a central bank, and (B) autonomous, decentralized organizations through which business and governance can be conducted. The combination of these two concepts has the potential to reshape society in very significant and powerful ways.