by Stan Larimer, President, Invictus Innovations, Inc . You may not have considered it, but Bitcoin can be viewed as an unmanned company – or a  Distributed Autono mous Corporation  (DAC) if you prefer. Unlike passive currencies, Bitcoin derives much of its tangible value by performing a  trustworthy confidential fiduciary  service. Essentially, it keeps private books for customer “checking” accounts and will transfer credits between accounts upon receipt of a properly signed “check”.   Aren’t these some of the same private services for which Swiss banks were once famous – back when privacy was something they could really offer?  Isn’t Bitcoin more like a bygone Swiss Bank than a commodity or a colorful piece of paper? Would a DAC metaphor fit Bitcoin even better than its current coin metaphor? Distributed Autonomous Corporations  (DAC) run without any human involvement under the control of an incorruptible set of business rules.…