$1.3 trillion a year or 11% of GDP in international dollars. This assumes conventional financing and conventional technologies and conventional processes.
The vision is one where we can do, with direct collaboration, much of what corporations and governments do today, and we can do it better.
The blockchain makes the local to global egalitarian economy possible.
I recently spoke at a conference, “Property and Inequality in the 21st Century,” hosted by The Common Core of European Private Law, an annual gathering of legal scholars, mostly from Europe. They had asked me how the commons might be a force for reducing inequality. Below are my remarks, “The Commons as a Tool for Sharing the Wealth.” The conference was held at the University of Göteborg, Sweden, on June 12-13, 2015.
Tip of the Hat to Jean Lievens