It will not make sense to run a corporation entirely onchain for a long time

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@backpack put a bank in your pocket and use your money whenever, wherever, however without permission

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people talk about onchain companies. they mean entirely onchain

What do you mean by entirely onchain, there are a lot transactional components to a corporation machine

Start from what real businesses really need, and work from there, instead of from ideologically driven ideal behavior. Why would a business owner throw away private internal banking when they can use crypto and trad biz entities and banking in concert.

replace onchain with online and this statement is still accurate

Agreed

Well before that we’ll see thriving onchain communities that are valued more than most corporations