34 - The Internet Cooperative | Jesse Walden

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 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 Five-star reviews to help grow the Nation!\ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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.