34 - 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"

RESOURCES

• 📄 The Ownership Economy Thesis
• 📄 How DeFi Crosses the Chasm
• 📄 Progressive Decentralization vs. Fair Launch
• 📄 Business Models in Crypto