sari

“That doesn’t mean we wouldn’t invest in another product business, but they would need to be doing something fundamentally different that meets the current moment.”

Brands playing the long game go to great lengths to become vertically integrated. That is, they own and control their production and supply chains. This requires plenty of upfront capital, to be sure, but the move plumps up a company’s margins and allows for quick product development and iteration.

The better — but much more difficult — solution is to attack epistemic cronyism at the root, i.e., in the way others judge us for our beliefs. If we could arrange for our peers to judge us solely for the accuracy of our beliefs, then we'd have no incentive to believe anything but the truth.

-No realization of value - there is no way for early token holders to realize the value of the increase in value of the community.

The ownership economy has the opportunity to address one of the biggest and most morally troubling issues of our time: economic inequality. As the wealth gap continues to widen to levels not seen since just before the Great Depression, the best way to combat this is to enable everyone to become an owner of wealth-building assets.