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🎙️ The Internet Cooperative | Jesse Walden

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🎙️ The Internet Cooperative | Jesse Walden

Variant Fund's Jesse Walden on how DeFi will change the future of ownership

Ryan Sean Adams
Oct 12, 2020
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🎙️ The Internet Cooperative | Jesse Walden

shows.banklesshq.com

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Listen to episode 34 | iTunes | Spotify | YouTube | RSS Feed


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Episode: #34 - The Ownership Economy | Jesse Walden

October 12th, 2020

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"


Resources discussed

  • 📄 The Ownership Economy Thesis

  • 📄 How DeFi Crosses the Chasm

  • 📄 Progressive Decentralization vs. Fair Launch 

  • 📄 Business Models in Crypto


Episode Actions

  1. Read Jesse’s pieces on the Ownership Economy

  2. Check out our Meet the Nation with RA

  3. Give Bankless 5-stars to help grow the Nation!

Also...subscribe to Bankless YouTube to watch State of the Nation every Tuesday.

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.


Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive a commission if you make a purchase through one of these links. I’ll always disclose when this is the case

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🎙️ The Internet Cooperative | Jesse Walden

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