The author believes that Bitcoin is the first of many future 'autonomous corporations' that are defined by their nature; they run themselves. Of Bitcoin in par

The author believes that Bitcoin is the first of many future 'autonomous corporations' that are defined by their nature; they run themselves. Of Bitcoin in particular it says this corporation has revenues, expenditures and profits. However... no one owns this entity, it owns itself ...it provides a payment protocol and employs miners to maintain that protocol. The employs are rewarded with ‘stock’ that is split at most into 21 million units I really like this concept, but I struggle to link it to the thesis that Bitcoin removes 'the major missing piece of the equation – payments'. I think Bitcoin is able to be distributed and autonomous by its nature, and that any future autonomous corporations will similarly need to be autonomous by nature. Thus, while allowing for the kinds of payments and receipts an autonomous corporation will require, I don't think Bitcoin is the only thing such a corporation will need, nor the most important. Instead, it will be innovative solutions that by their nature require decentralisation and autonomy that eventuate in this 'next generation of corporations'. Bitcoin will be an important model going forward; I'm really looking forward to solutions to other problems that surely will be inspired by it in the coming years.