According to the BTC Geek website, "Bitcoin will power the next generation of corporations," corporations that will act and behave like the real deal but be completely autonomous.
This kind of corporation isn?t restricted to live online. If the hardware exists (which might take time), you could have, say, self-driving cars owned by this corporation. These are being worked on right now, and the first ones shouldnt be that far away into the future. See also Vitaliks series on decentralized autonomous corporations.
Bitcoin makes this possible, for the first time ever, because it provides a payment protocol that is independent of an entity and since this autonomous corporation cannot deal with banks (for all practical reasons), Bitcoin solves the major missing piece of the equation payments. Bitcoin makes it possible to program a corporation to accept payments and make payments without having to deal with any intermediaries that cannot be trusted. If you want to deal with such a corporation, you better have Bitcoin or any other potential decentralized crypto-currency.
|Online Education: As Boring As the Real Deal|
|"Two-thirds of all jobs in developing countries might be lost to automation."|
|"The most automated warehouse of its kind"|
|"All fossil fuel–fired power plants could be replaced with nuclear facilities in a little over 30 years."|
|Magazines on the iPad to Be At or Near Newsstand Prices?|
|“In comparison to the waste produced by every other kind of electricity production, that quantity is close to zero.”|
|The Rise and Fall of Civilisations|
|Fake Name Generator|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|What Computers See When They Watch a Movie|
|CaptchaTweet: Write Tweets in Captcha Form|
|Facebook, Twitter Users Could Face Insurance Hikes|
|The (Very Scary) People of Public Transit|
|David Reeves' Paper Cutouts Inspired by Classic Cult Movies|
|“The only thing worse than assuming that carbon removal will save the day is assuming it will save the day.”|
|“If I’m upset with Facebook, what’s the equivalent product I can go sign up for?”|