The Ownership Economy | Jesse Walden Bankless

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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


Episode Actions

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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.


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