co-op v2?

01 December 2014

There’s a quote in this O’Reilly Radar trailer for a talk about the bitcoin blockchain that has slightly melted my brain:

I think 10 years from now we’re going to see that these types of semi-decentralized companies are going to be replaced by fully decentralized companies, where the company itself just runs in an automated way on some kind of cryptocurrency.

Imagine a co-operative or mutual, setup in a few lines of code, able to programmatically distribute shares in itself at point of sale, the purchase being the proof of work.