Subvert – Collectively owned music marketplace

It's a great start. Co-ops and non-profits can also be subverted and taken over. I hope you look ahead and plan very carefully.

For example, according to an (unverified) story someone told me, a vendor to US east coast food cooperatives now controls many of them; they get their person in, pass bylaws empowering them and disempowering the board (the board usually lacking sophistication), and have deeper pockets for any legal struggle than any co-op member does.

Also, I remember in the news that a non-profit or limited-profit company in the IT industry, founded for the public good, is going to be turned into a for-profit. The board actually fired the person behind this plan, but that person came back and fired the board members.

The FAQ has:

> Is this a crypto thing?

>> No.

I realize that crypto is a bad word for some people, but I think that the above answer has a corollary:

> Does it have a single point of control that will attract corruption if enough of us start using it?

>> Yes

Certainly plenty of poorly designed crypto things also have that point of control, but a well designed crypto thing at least has a shot at resilience.

> Certainly plenty of poorly designed crypto things also have that point of control,

They all have. They just claim they can work against social dynamics with technology but that's a fool errand.

Several technologies have managed it. The printing press, the vaccine, the nuclear bomb. It's even crazier to not try.

It's been 16 years, I think by that time we can be pretty sure cryptocurrency is not going to transform anything other than ransomware payments, law evasion and financial speculation.

It took the steam engine 100 years, I think the jury is still out.