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Cestrian Capital Research, Inc's avatar

100pc agreed and then some. Labor is what it's always been, a trap. Whatever your station in life your future is best served by doing EVERYTHING to get out of selling your labor all day long for a stipend, and into ownership of something that you can control and grow. Most people aren't lucky enough to do it in one step; sometimes it can take a lifetime or multiple generations of lifetimes to move from labor to capital. But not trying to do so is to capitulate financially, physically and emotionally because you can never be free if all you do is sell your labor. Marx was right! Kind of. 'Cept for the smashing the machines part. Great work as always Packy.

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Andrew Wang's avatar

The laws will change as public sentiment does! You'd have my vote for president so things like this can pass:

https://www.sec.gov/news/public-statement/peirce-statement-token-safe-harbor-proposal-2.0

Until then... DAOs where governance has the potential to be more valuable than a share of profits (like in the Braintrust example where the token is worth more to a user than an investor / speculator) will have to do most of the heavy lifting

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