# Corporate Blockchains > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [460]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2025-10-15 (YouTube upload date), https://www.youtube.com/watch?v=s_WXq7eDKrY. Text: automatic captions, uncorrected - On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step. - How it fits the plan (the research build's reading): Ledger commentary. - Career works it belongs to: - Copyright and the digital economy: a case for reason (2010): Short paper proposing land law, with rights of way and trespass, as a better model for copying than theft:... (suggested by machine) - People's Cloud architecture and futures in 1000 words (2013): Blog essay: the data center is doomed, its efficiency is bought with centralization and monitoring, and... (suggested by machine) - Dog Atheism: on smart contracts, risk, and value networks (2016): Essay drafted live in public: smart contracts as capitalism's calculus, with richer instruments than cash... (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine) - Importance: core-text score 0.10 (1.00 is the top), number 587 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [470] [The Crypto World is Waiting for SEC Regulation (2025)](https://guptaoption.com/texts/470.md); [471] [Mattereum & Fraud Protection in the Coming RWA Revolution (2025)](https://guptaoption.com/texts/471.md); [463] [Global Currency Wars (2025)](https://guptaoption.com/texts/463.md) - On the same works, just after: [457] [Can You Run a Country on Bitcoin? (2025)](https://guptaoption.com/texts/457.md); [456] [Creeping Dollarization (2025)](https://guptaoption.com/texts/456.md); [451] [Rebuilding America's Broken Economy (2025)](https://guptaoption.com/texts/451.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: Corporate Blockchains, video, 2025-10-15, https://www.youtube.com/watch?v=s_WXq7eDKrY; in Vinay Gupta's archive at guptaoption.com, source [460], https://guptaoption.com/texts/460.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=s_WXq7eDKrY&t=0s) Well, I mean, you know, for those who care enough to steal the very best, right? Isn't that what the silicon chips used to say back in the days when the Soviets were stealing them? Um, I mean, you know, there's a very limited degree to which a corporation is able to compete with an open source project. You know, like if you're buying blockchain services from Google, it's just another Google service. You don't get any independence from the US as a jurisdiction. If Google decides they're going to kick you off the platform, they're going to kick you off the platform. And so, you know, what you kind of get is this uh blockchain minus all the things which actually make the blockchain interesting and useful. I am sure that there will be a bunch of cloud applications that can migrate onto that platform. I don't think what you're going to see is any blockchain applications that are able to shed all the jurisdictional shaft, shed all the censorship resistance, shed all the independence and then move into the Google cloud and still remain functioning. So I think I think if we think of this as being like cloud with blockchain features, it's actually a much more realistic rendition than calling it a blockchain. --- End of [460] Corporate Blockchains. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [457](https://guptaoption.com/texts/457.md) Can You Run a Country on Bitcoin? (2025); his whole career in one file, https://guptaoption.com/story.md.