Blockchain technology stands to radically transform our concept of the corporation where machines, not humans, are both the customers and employees.
A payment conducted with bitcoin represents a paradigm shift in our concept of money - one where there is no division between currency and the system through which it flows.
How can the state levy taxation on that which they do not issue and cannot control?
Ethereum today is where bitcoin was in 2010 – raw infrastructure, lack of developers, and plenty of skeptics.
The financial landscape in developing economies such as Africa is well positioned to leapfrog traditional banking and move directly to a bitcoin-enabled financial paradigm.