Corporations are continuously shuffling capital inside their borders, as we have seen, but more and more of it is being devoted to automation and computing power. They do so because their survival is heavily dependent upon the labour output of its employees and the value created for customers — both of which roles are now being filled by machines with the introduction of bitcoin technology.
Are corporations reliant upon humans to survive? Time will show the answer is increasingly ‘no’.
The bitcoin payment system represents a first of its kind economic model – a decentralized, autonomous corporation. This type of corporate model is fundamentally different in its makeup because — among other things — it is capable of functioning completely exclusive of human intervention while simultaneously owned by no single one.
Who are the corporations making money for then? What is the point of their value? Without humans corporations would have no purpose, and the protocols for the asset transfer mechanisms would not be created in the first place.