The total market value of Bitcoin surpassed $100B this week. Bitcoin is now worth more than Goldman Sachs and Nike (among a long list of well known blue chip companies) and the total market value of digital assets as a whole is over $173BWhile the asset class is growing, it's important to understand what is actually underlying the assets. In my view, there's not nearly enough discussion about the decentralized organizations powering these assets. Without the organizations, the assets have no value.Read more this week on The Control: "The Slow Death of the Firm."
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The Control - Issue #26
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The total market value of Bitcoin surpassed $100B this week. Bitcoin is now worth more than Goldman Sachs and Nike (among a long list of well known blue chip companies) and the total market value of digital assets as a whole is over $173BWhile the asset class is growing, it's important to understand what is actually underlying the assets. In my view, there's not nearly enough discussion about the decentralized organizations powering these assets. Without the organizations, the assets have no value.Read more this week on The Control: "The Slow Death of the Firm."