#crypto is the evolution of the corporation
#crypto is the evolution of the corporation
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for some time it seemed as though billions would starve to death. Malthus predicted doom.
instead, we have solved the problem of sustenance
human ingenuity prevailed
much of the success is owed to the invention of the corporation
this financial technology enabled us to gather and effectively coordinate the deployment of resources to overcome famine and many other challenges
the corporation allows private citizens to pool their money in the pursuit of a common endeavor
but to execute its mission, the power granted by controlling these resources was placed in the hands of a handful of human beings
although much good came of this arrangement - power corrupts and there was much abuse
the challenge then is: how do you pool resources without giving away the power to wield them to a small group of people?
the answer to the question is #crypto
#crypto allows us to pool resources to be deployed according to a set of rules beyond the control of any one central authority