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Of Bitcoins, Independently Wealthy Software, and the Zero-Member LLC
2013
Social Science Research Network
An innovative software technology known as Bitcoin makes it easier for software to operate with some degree of financial autonomy. In a meaningful sense, it is now possible for software to conduct business on its own account, without using the traditional financial system as an intermediary and without a financial existence tied to an existing natural or legal person. This Essay explores this possibility and suggests that legally autonomous entities, such as a limited liability company (LLC)
doi:10.2139/ssrn.2366197
fatcat:cpmu3hhlfvehrnpmlrv6y4troa