3min chapter

The Ownership Economy cover image

Episode 004 - DAOs vs. Cooperatives: An Exploration of Legal, Economic, and Financing Strategies with Jason Wiener

The Ownership Economy

CHAPTER

Co-Operatives and Distributed Financing

There are inherent limits in web three design, because they lack the kind of robustness of legal wrappers that have made co operatives accountable structures. And i think we should be somewhat sceptical of replacing legal accountability for technological accountability. Block chain holds tremendous promise around a distributed power but there's a lot that we don't know about it.

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