Bitcoiners like to defend their community by proclaiming it just that – a community. But, what if in a court of law, Bitcoin could be defined as a corporation. What would this mean for Bitcoiners?
If the so-called Bitcoin Community were declared a corporation, the precedent would then be set for online creation communities to thus be considered corporations. This would have far-ranging implications for all online creation communities, which encompasses technologies like Linux.
If Bitcoin were ruled a corporation, then it would have operated for numerous years unregistered. As many early bitcoiners argued, holding Bitcoins would be like owning stock in an early tech startup. If this were the case, then Bitcoiners might all be seen as stakeholders in the Bitcoin corporation.
Read more @ https://www.cryptocoinsnews.com/bitcoin-as-a-corporation/
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