“I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do.” (2001: A Space Odyssey)

What would Amazon.com look like if it were created in the image of Bitcoin?

This question pushes us to explore how a truly autonomous organization could come to be — and what that might mean for the future.

We’ll call our (as-of-yet imaginary) creation “Nile.” Welcome to Humanity’s Sovereign Bookstore.

What is Nile?

Ocean’s 14 (2021). Danny Ocean (George Clooney) returns from hiding for his magnum opus: taking over the Ethereum network.

A few months ago, we discussed what a token network hostile takeover could look like. Today, let’s tweak the premise and consider how a friendly takeover — an acquisition — could happen.

As previously mentioned, these are the early days for token networks interacting with each other. As more and…

Today, your citizenship determines the currency you hold, earn, and spend. As an American, you use the US Dollar; as a German, the Euro; as a Korean, the Won. Our current financial systems are predicated on this assumption, and it has held for several centuries.

But now, there’s a glimmer…

The new Barbarians at the Gate will probably have smaller glasses.

We are at the earliest stages of reckoning how token-based networks interact with each other. Much like corporations, they will begin to compete, merge, acquire, attack, and partner with one another. The dynamics of these interactions will in some cases closely mirror those in the traditional financial world, and in…

Andy Bromberg

Co-founder & President at CoinList. Founding research scientist at the Stanford Bitcoin Group.

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