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New models for business
Manage episode 322438968 series 3287389
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Most traditional companies are based on a hierarchical command an control structure, and as a result most people are used to functioning in such a structure.
These companies are structured that way partially due to the laws that enshrine what corporations are as legal entities, partially due to conditions imposed by venture capitalists or investors, and mostly because people in companies don't know any better.
This has a serious impact on how blockchain projects develop as they become commercialized. And so we start with founders espousing a decentralized philosophy, and end up with a centralized company controlling the end result.
If you push a round peg through a strong square hole for long enough, the peg becomes square too. Even a conical hat won't protect you from that.
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