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Thread on undomiciled companies on the blockchain
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Why do companies need to be domiciled in countries? Presumably, in the past, because a company - who owns and runs it, who can control it and keep the cash flows - is ultimately a "fiction", which exists insofar as some legal system is willing to uphold this fiction
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Clearly we’ve moved from “first they ignore you” to “then they laugh at you” stage. I predict “then they fight you” by 2025, and “then you win” by 2030. I got one am glad to see academics like taking the potential seriously.
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I suspect Corporations Derangement Syndrome blinds people to potential here. Don’t think “evil metastasized corporations and beyond-Panama capital flight” Think freedom of association and mutualism beyond borders. Ironically an idea pioneered by religions and labor movements.
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