If you wanted to start a new business At what point does a nation state Limited Company structure become obsolete? What is the innovation there? I don’t think limited liability is something to do away with for an entrepreneur I just wonder how a corporate actor might operate without ad much potential political pressure..? 🤔
Good question! A decentralized model like DAOs could make the limited company structure obsolete by reducing political influence. However, limited liability remains essential to protect entrepreneurs. The challenge is to strike a balance between decentralization and protection, while minimizing political pressure. Web3 could be a real game-changer!