[S5 E08] New
In this episode of All Things Co-op, Kevin talks to blogger and podcaster “The Blockchain Socialist” about how blockchain technology can serve as a mechanism for worker cooperatives and the Left. Though often tied to cryptocurrency, blockchains can also function as a means by which cooperatives maintain data sovereignty, can engage with various economic actors outside of traditional capitalist structures, and can enable scalability, while retaining democratic governance of enterprises. Though blockchain is not going to fix every problem, it does offer up many interesting opportunities to shift away from traditional, hierarchical capitalist institutions.
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This was a great talk overall but until “blockchain” is demystified, any discussion about crypto currency and “blockchain” becomes overly complicated. This is a big topic but it becomes more interesting and understandable when one understands these things in terms of fundamental principles.