Oct 12, 2020
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The Ownership Economy | Jesse Walden
Jesse Walden speaks about 'the ownership economy', in which value is returned to the producers via a protocol by compensation codified in its core.
YouTube, Facebook, Twitter are now extracting more than they are providing.
Can Ethereum and DeFi solve this? How can Ethereum host an internet-sized cooperative, like REI? How can token ownership create a larger tent, that can scale organizations past previous limits?
We also discuss Jesse's 3 theories for how crypto will be adopted, and which one he believes will come first:
- The people come, Bank the Unbanked!
- The institutions come, WallStreet wants part of the global casino - The economy comes, non-financial apps create a “real economy"
Actions & Resources:
Read Jesse’s articles:
The Ownership Economy thesis https://variant.fund/the-ownership-economy-crypto-and-consumer-software/
The Ownership Economy in DeFi to date https://variant.fund/how-does-defi-cross-the-chasm/
Progressive Decentralization vs. Fair Launch https://variant.fund/progressive-decentralization-a-playbook-for-building-crypto-applications/
Business Models in Crypto https://variant.fund/cryptos-business-model-is-familiar-what-isnt-is-who-benefits/
Check out our Meet the Nation with RAC https://www.youtube.com/watch?v=vZMQcjLzx7s&t=848s
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.