, 3 tweets, 1 min read Read on Twitter
On-chain incorporation will turn corporate charters into code.

Every shareholder vote will be performed via digital wallets.

Every liquidation waterfall will be expressed as a function.

The nation states that first recognize on-chain vehicles will be advantaged as domiciles.
Corporate law firms are essentially coding in legalese, an obfuscated programming language without a REPL to simulate outcomes.

Moving all that to smart contracts over the next few decades will save billions and transform the way we create, fund, manage, and exit companies.
Here’s a good example of a function implemented in legalese. Solidity would be a step up! lawinsider.com/clause/liquida…
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