Taaki goes on to describe the bitcoin anarchist’s elusive ideal: decentralized, autonomous corporations whose equity is tracked in the bitcoin blockchain rather than in legal contracts and whose funds are held at a bitcoin address controlled in part by every stakeholder. [ ... ] In that future, math and consensus, not violence, might govern the control of resources. The result, as Taaki describes it, would be a new society where code replaces courts and men with guns as the arbiter of civilization. “We have new tools, a new class of mathematical contracts, based on the incorruptible rules of the cosmos,” he says, his voice resonating through the empty building.
I am trying to imagine armed robbers breaking into Taaki's home to steal his car and valuable trinkets, pointing their guns at the blockchain, and leaving frustrated because it won't transfer his property to their address.
By the way, wasn't Taaki involved with Intersango?
