#661 REPLAY: The Ownership Economy with Jesse Walden
The Pomp Podcast
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The Relationship Between Tokens and Stocks in Cryptocurrency
Some people inaccurately think of it just as like, oh, it's a stock. Which maybe there's some element of that, but that's not count up the full story. One reason these comp tokens may have value is if a developer builds a valuable service on top with its own business model, they may want to have a say in how the underlying is governed. And therefore, the governments rights in and of themselves could be valuable. Or a compound is a money market, and there are transaction fees in the market. Currently, those fees just accrue to a treasury that's being re invested in growth. But at some point governments could decide, you know, this fee stream should
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