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RE: Steem, corporate governance and value - a new way of thinking?
I've been writing this series from the perspective of a non-traditional board which has already adopted Integrated Management into its DNA. Introducing cryptocurrency and the blockchain into this mix could further revolutionise corporate governance. I've heard of some companies experimenting with going completely virtual on the blockchain, with mixed outcomes (one programmer rewrote a vital bit of code and diverted a lot of funds to himself - but does that ruin the story of virtual governance? I don't think so - clearly that was a failure of oversight over the Smart Contract authors). How do we envision a world where P2P transactions are in cryptocurrency, and how does the blockchain influence governance for the better?
I think I'll further elaborate this in a post. Been writing some abstractly similar in the past, just broad-stroke concepts. I don't think it stops just being at a corporate / firm level, but it extends to individuals having a web of cryptos instead of being just tied down to pretty much inert fiat currency, with causes and effects that are not so responsive / tied with other parameters in the many different moving parts of society. Hmm..