The Regeneration Will Be Funded Cosmo-Local Commoning with Web3 - Michel Bauwens (P2P Foundation)
Jan 1, 2025
Michel Bauwens, founder of the P2P Foundation, dives into the intersection of community and technology. He discusses how Web3 can empower local initiatives while merging them with global resources. The conversation explores Bitcoin's role as a global reserve asset and its impact on wealth distribution, particularly for marginalized groups. Bauwens also tackles grassroots economics, emphasizing collaboration, and explains how communities can navigate societal collapse through resilience and innovation amidst the rise of AI.
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Web3 As Global Coordination Infrastructure
- Web3 creates a global mutual coordination infrastructure for passionate, translocal self-organization.
- It enabled financing and governance innovations that let contributors capture social power beyond corporations.
Conversation Across Deep Divides
- At a pop-up village in Montenegro Michel sat with people from opposing views who conversed respectfully.
- That example showed how a shared commons can bridge political divides around a common project.
Pool Capital Into Translocal Commons
- Fund local regenerative projects by creating translocal commons that pool capital and protocols for local deployment.
- Use Web3 mechanisms to attract distributed capital into community land trusts and similar nodes.
