The sooner cooperative ownership is enshrined as a legitimate form of organization through DAO structures, the sooner we can build first-class structures for our future cooperatives. DAOs even present a unique opportunity to do so. The LLC is designed for a small set of owners. The public corporation is designed for mass ownership by capitalists.... See more
Live by the medium, die by the medium. It’s not a ponzi. It’s that when everything is a measurable market, you see how fast people can move on. And that is a very different environment to get used to.
- “I grew up feeling like I was stupid and wasn’t going to go anywhere. It was because the whole traditional system didn’t work for me. I would go to class, but I can’t memorize things… I’m not good at following directions… I felt this desperate yearning for the first two decades of my life —this feeling of perpetual inadequacy.” – David Perell