Distributed Income Support Cooperatives

Description

Max Borders:

"If a distributed autonomous organization (DAO) is a decentralized way of coordinating activities to create value (upgrading the traditional firm), then the DISC is a decentralized way of coordinating mutual aid (upgrading traditional welfare). DISCs, like DAOs, will be voluntary, permissionless, and most likely ambivalent to questions of national origin. These cosmopolitan entities will bind people based on the desire to create better social safety nets, not based on accidents of birth." (https://medium.com/social-evolution/how-we-become-the-social-safety-net-2994a68a53db)