Tag: decentralised autonomous corporations

Episode 108 – Ether, Slock.It and The DAO: Decentralised Autonomous Organisation

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The Episode:


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The Cash:

We really appreciate all of your contributions! Every cent and satoshi we receive lets us know that we’re doing something worthwhile, that you are entertained by our program, and that you’re starting to question what you know more and more. Please be generous. Donate to The Paradise Paradox. Or buy some stuff on Amazon using this link. Or buy some of our great T-shirts here.

The Story:

Many people are just starting to hear about Bitcoin for the first time, and grappling with all their brain cells to understand the basics of how it might function, let alone its implications. Meanwhile, those who have been interested in cryptocurrency for years are continually looking forward to try to imagine or develop the next big thing, building on top of the base which Bitcoin has laid, and pushing into ever-more disruptive territories. The DAO, or decentralised autonomous organisation, is one project which has many people’s eyes fixated on it.

The DAO is a platform on which decentralised applications might run, allowing for decentralised arbitration services which move further towards making government courts of law redundant. Within a few short weeks, the DAO raised about $130 million through crowdfunding – the largest crowdfund in history to date. Of course, this is no guarantee of its success, but it does indicate the level of public support and faith that this project has behind it.

Will the DAO go on to transform the world? Or is it merely a stepping stone to building something even more ambitious, transformative, and disruptive? We discuss its potential in this episode of the Paradise Paradox.

Disclaimer: We are not financial advisors, we have no idea what you should do with your money, and we don’t claim that we do. Do your own research before making any financial decision, and be careful.

In the interests of disclosure, note that we do own Bitcoin, Ether and DAO.

The Eps:

Episode 50 – Ethereum and the Future: Juan Galt

The Links:

Andreas Antonopoulos on decentralised arbitration

The DAO – a radical experiment that could be the future of decentralised governance

Episode 83 – Alex Colorado: International Anonymous Business

by  on  in Podcast • 0 Comments

The Episode:


To download the audio, right click and press “save as”.

Remember to subscribe on iTunes or subscribe on Pocket Casts.

If you enjoyed the episode, don’t keep it a secret! Feel free to share it on Twitter, Tumblr, Facebook, Reddit, or your office bathroom wall.

The Cash:

We really appreciate all of your contributions! Every cent and satoshi we receive lets us know that we’re doing something worthwhile, that you are entertained by our program, and that you’re starting to question what you know more and more. Please be generous. Donate to The Paradise Paradox. Or buy some stuff on Amazon using this link. Or buy some of our great T-shirts here.

The Story:

For years now, you have been able use fiverr.com and freelancer.com to hire people all over the world to do work for you. You can check their qualifications, their proposal for the task, haggle over the price, ask if they’re available for future projects. But would you bother asking which country they’re from? Does it matter?

Today, people can register companies online, on the blockchain, possibly using Bitnation or Next. Their companies can exist independently of any nation. To do business with them, do you need to know who they are? Do you need to be able to put a pin on their office in an atlas?

The world we’re heading into is a world where companies operate in cyberspace – outside the jurisdiction of any government. They have no head office, keep all their records in the cloud, and transact purely in cryptocurrencies. Maybe there are banks which can compete with international banking cartels, because having no country means they don’t have to comply with the protectionist regulation which has been installed for many years. Maybe they don’t pay any taxes, because they’ve decided that the Internet is the best tax haven. Of course this way of doing businesses may start to raise many potential issues, such as problems with dispute arbitration, and innovative solutions may have to be developed to address them. The future is a fascinating and unpredictable place.

In this interview, Kurt discusses the potential of some of these types of organisations with Alex Colorado, a software developer for the Apache OpenOffice project, and we talk about the implications of these ideas for a borderless world. Join us in the next frontier-defying chapter of … The Paradise Paradox!

The Links:

Decentralised Autonomous Corporations DAC

What is an ‘autonomous agent’?

Mike Hearn talk on autonomous agents