Information Technology & Services - Osaka, Osaka Prefecture, Japan
Background:In 2010 by Michael J Trout, Sahdu of the Blockchain realized capitalism was inherently flaws and needed fixing. He started working on a new business model driven and managed by AI built utilizing the blockchain and funded by Hal Finney's bitcoin. In 2011 after being unsuccessful in gaining interest from silicon valley he turned to Bitcoin Magazine founder and CEO Matthew D. Wright (#ethwaldo) for help for developing the Open Startup !nnovation Framework blockchain what would be called Ethereum by Vitalik Buterin and his co founders. He was the only individual he never met, working primarily with Mihai Alisie. His idea of decentralized distributed open corporations would be renamed DAOs. His goal was simple transform cronyism capitalism of a few into capitalism 3.0 Open Beneficial AI-driven social capitalism 3.0 built on DAEs or Distributed Autonomous Entities that form a kind of beneficial keiretsu of DAOs. Because of Hal's design, by making Bitcoin the most scarce asset on the planet, bitcoin will become priceless over the next 20-50 years (providing qAI doesn't murder it). At the moment it is affordable for anyone to own some. The 1% are trying to amass as much as possible and by 2021 it will be out of reach of most. Bitcoin standard is the sequestering of bitcoin.