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RE: Circle buying Poloniex and why it's making STEEM price go down temporarily.

in #bitcoin7 years ago

I will go you one further with the company idea.

How about forming a company on the blockchain that has nobody running it. That is a DAO 9or DAC). It is purely code that makes decisions according the the decision tree programmed in. The company is overseen via consensus.

Steemit is somewhat in that form although not totally. But we can see that in the future.

As for the state, look up Estonia digital citizenship. It is already starting. At some point, we will see countries that arent established via geographic boundaries but by digital ones. Could steem be a country where people work, interact, shop, and play on it? We might see things forming around the digital realm as opposed to geographic.

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I'd say leaving faith to following the former route when the way changes so much, there's too often lost of opportunities to those caught up in the terrain.

Have either of you picked up on @steembasicincome or @earthnation?




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