# Autonomous A1 - Taming Capitalism with Vinay Gupta of Mattereum (part 3 of 3) > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [714], part 3 of 3. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2021-11-26 (YouTube upload date), https://www.youtube.com/watch?v=msGyd4vEg8s. Text: automatic captions, partly corrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Contracting layer as a reform of capitalism. - Career works it belongs to: - Three Rules for Designing the Social Enterprise (2009): Two-page paper defining a social enterprise by how it converts financial capital into social capital and... - Lean Green Mattereum: "We aren't just here to change the world, we're here to fix it" (2020): 162-page deck tying it together: poverty and climate are one problem, a lean green development path is... - Taking a crack at a practical system (introducing the ESCROWNYM) (2012): Blog essay proposing the escrownym: an identity lodged with escrow brokers under a legally binding... (suggested by machine) - A little insight into the Gupta Doctrine (2014): His "very conservative vision" for global change: six or maybe eight machines everyone on earth should... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. - social enterprise: Enterprises that turn money into social capital and back: the capital conversion matrix from the Rocky Mountain... - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - Ideas developed here: 30-year plan (Hexayurt; target revised upward, now 300 million) - Topics: Capitalism, consumption & resources (29%); Property, NFTs & real-estate transactions (12%) - Distinctive terms here, against the whole archive: DigiGold (4 here; 4 sources in all, earliest dated 2021); circular economy (5 here; 17 sources in all, earliest dated 2019); second-hand (4 here; 15 sources in all, earliest dated 2019); Capital Conversion Matrix (2 here; 4 sources in all, earliest dated 2009); 30-year plan (2 here; 4 sources in all, earliest dated 2019); second hand (3 here; 12 sources in all, earliest dated 2011); recycling (3 here; 14 sources in all, earliest dated 2012); Mattereum (15 here; 127 sources in all, earliest dated 2014, 2 undated); dispute resolution (5 here; 48 sources in all, earliest dated 2013); LaunchPod (1 here; 2 sources in all, earliest dated 2021) - The earliest dated source in this archive for (undated sources may be earlier): DigiGold - Importance: core-text score 0.52 (1.00 is the top), number 70 of the 729 sources it scored, the research build's measure of substance, importance and innovation - Related sources: - [723] ["Saving the Climate with Real World Asset NFTs" by Vinay... (2020)](https://guptaoption.com/texts/723.md): same career work: Lean Green Mattereum: "We aren't just here to change the world, we're here to fix it" - [236] [The Mattereum Top Down Deck Day 6 (Lean Green Mattereum) (2020)](https://guptaoption.com/texts/236.md): same career work: Lean Green Mattereum: "We aren't just here to change the world, we're here to fix it" - On the same works, just before: [762] [MetaGame meets Vinay Gupta (2021)](https://guptaoption.com/texts/762.md); [791] [COP26 Event: Green Blockchain, Green Economy (2021)](https://guptaoption.com/texts/791.md); [793] [COP26 Event: The Circular Economy - Finance and Data for... (2021)](https://guptaoption.com/texts/793.md) - On the same works, just after: [702] [Conversation With Pat Kane & Vinay Gupta (2021)](https://guptaoption.com/texts/702.md); [778] [Vinay Gupta on the Future of the Metaverse (2022)](https://guptaoption.com/texts/778.md); [678] [WNWB S01E08: Mattereum with Vinay Gupta (2022)](https://guptaoption.com/texts/678.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: Autonomous A1 - Taming Capitalism with Vinay Gupta of Mattereum, video, 2021-11-26, https://www.youtube.com/watch?v=msGyd4vEg8s; in Vinay Gupta's archive at guptaoption.com, source [714], https://guptaoption.com/texts/714.md. Other speakers' passages are removed, so there can be gaps. ## Passages, part 3 of 3 [1:20:38](https://www.youtube.com/watch?v=msGyd4vEg8s&t=4838s) game and i hope that you can pick it up and i kind of see wikipedia as the first macg what do you think about this concept so you've got wikipedia and you've got linux and you know both wikipedia and linux have generated unbelievable amounts of value for people that were not tightly associated with those uh games you know like the open source ecosystem is at this point worth you know probably a trillion dollars just for the software and then another half trillion dollars for all the cryptocurrencies that are built in open source ways and that's big i mean that's like you could say the open source world is a very substantial part of it's it's a very substantial fraction of the size of apple but also a huge amount of apples of value comes directly from the open source world because for example macos underneath the hood is bsd right oh yeah yeah it's it's bsd i want to say free bsd so you know apple is both a part of the open source ecosystem but it's also like the open source ecosystem is probably larger than apple if we remember the app was part of the open source ecosystem so the idea that you're building out the interface between the pre-existing open source software development methodologies and the crypto world so that you wind up producing open source software in a manner that you know is like the next evolution behind get and github seems like an extremely compelling idea i mean you know like okay github and get were revolutions in the open source world because they enabled projects to be decentralized pretty effectively you know decentralized version control was a big deal and that's all cryptography i mean it's really heavy used for crypto to make get and get lab work properly it's all keys and key signing and you know which key has access to which devices and it's all ssl key ssh keys you know get itself you know you're constantly sending around cryptographic hashes for the software to identify state so the fact that we've never had a payment layer for open source software development is one of the things which has held us back because every time you want to put together an international team to solve problems together you've got to figure out how to get like so how do i pay this programmer in venezuela for working on this project with us did you say venezuela you know [1:23:08](https://www.youtube.com/watch?v=msGyd4vEg8s&t=4988s) yeah i'm not like i wasn't previously so much into open source software itself like and i'm still not it's not what gets me hyped but i just think that if we're building a new world like it has to be open source and like uh especially for blinger like this huge sort of game fight system where it could potentially turn out ugly like with people that come into power turn it into some sort of a hampton wheel sort of situation and like you definitely need the ability for other people to just be like okay i'm starting a new meta game like this and yeah that's the idea that other people will be able to start their own and potentially even like when you build all the basic infrastructure even like some corrupt third world countries could uh use it to start their own metagames and what you're really talking about is economic activity without command and control systems you're right and you know you've you've dug down a few layers because you know the original sort of nonsense days of the doubt right there was a whole bunch of early stage ethereum nonsense about dowsing how divers were going to change everything and for the most part those were things that were easily identifiable as like oh this is a collective investment vehicle this is a hedge fund this is uh whatever it is like they didn't really produce any new economic activity other than just shuffle shuffling risk around and i think as a result of that you know those things were sort of easy to understand as basically being financial instruments masquerading as communities whereas what you're talking about is like look we have an actual primary productive activity which is that people do work on things and then we reward the work with tokens and the tokens become valuable if the things become valuable okay you know like that sounds like people are working for money yeah people are definitely working for money okay and who's in charge well we don't really have it in charge it's sort of like open source from even more decentralized you know this begins to sound like a different thing you know what i'm saying it's not the old dow model it's it's a new thing right yeah it seems like more and more people are thinking about dao so just as like architectural decentralization like the software layer but they're still building like the shareholder corporation on top of it so i think there's going to be a big culture clash be between the people who expected dallas to be like decentralized governance and the people who think of daos okay [1:25:38](https://www.youtube.com/watch?v=msGyd4vEg8s&t=5138s) i'm just [Music] yeah i mean when we say decentralized governance like that term means different things to different people you know when some people hear that said what they immediately think of is shareholder democracy lots of people come together they vote for what's going to happen that's what happens but you have a single hierarchical control structure which implements the decisions which are made in a democratic way and that approach is not a great way forward because all it really means is you've got command and control but you've got many people's hands on the command runner and what we really want is we want something which is not like command and control we want something which is largely governed by the people doing the work and there's a long history of this kind of stuff like jump at the spanish anarchists so forties and arc of syndicalists for the folks that haven't heard about this they basically took over ownership of the factories and they directly transferred ownership of the factories to the workers in the factories so it was just like okay i'm sorry you used to own this factory you don't own the factory anymore the workers are now in charge and the workers then organized themselves into series of interlocking committees to enable the factory to function and then the factories still bought and sold goods and labor for money so what you had was structures which are externally parts of a market economy but we're internally owned by the people that we're actually inside of the system and in a sense what you're doing is you're building a narco-syndicalist economics for the development of blockchain systems but you know like people don't really talk about anarcho-syndicalism anymore even though the fundamental truth of history is that nearly all the smart people are narco-syndicalists it's been so neglected that like i came up with the idea of anarcho-collectivism and then like i thought obviously that has to exist already like it exists but sure enough as soon as i googled it it's okay there's this there's anatomicalism okay this this is exactly what we're doing like they're against private ownership of their over the means of production but they're also against the government the anarcho-syndicalists don't even have to be against the government right if the government keeps the electricity running it keeps the water running and it stops people shooting each other in the streets the anarcho-syndicalists have no problems with the government they just think eventually it will be another thing that will become a syndicate [1:28:08](https://www.youtube.com/watch?v=msGyd4vEg8s&t=5288s) there aren't many people that you can say hey you know we're building software to support anarcho syndicalist economic democracies there aren't many people you can say that to and have their eyes light up but you know that is actually what you're doing and it's super impressive it's really really good and i think you know if you work with the right kinds of lawyers you know i mean there's what's what's the name of that large collective of blockchain lawyers again what's it called um koala you know the thing that um primavera is such a big part of c-c-o-a-l-a koawa primavera de philippe so the koala folks because you're giving people tokens in exchange for work i think with a little bit of work on the legal side you might be able to make sure those things are not securities i think they might technically be coupons and then there's a decent chance that if the entity that issues the coupons is on paper or legal limited violability corporation you might be able to get legal liability protection for the people that are working on these projects so that they're not carrying a joint and several liability right because you're paying tokens for work these things are basically coupons rather than being necessarily equity maybe you know you might you might have made a very good decision saying that you know these are these are coupons that people are given in exchange for labor that might resolve a whole bunch of the problems that normally cause people think of these as being securities it's definitely worth doing some research right labor tokens that's a good pointer yeah they say that uh in dallas like those who don't have any legal structure like all members are reliable like fully liable for the whatever happens yeah that's right that's right i mean there was a time when that might have applied to all ethereum token holders right there was a possibility until the regulators made some decisions that everybody that owned ether might have actually been seen as being members of a single enormous corporation which was pretty scary so i should probably go in a couple of minutes yeah we went over a lot of time for sure but it was uh it was great fun and yeah thank you for joining us this was pretty awesome and i hope that our listeners will get their minds blown and yeah this was really good and yeah i mean i'm really i'm really impressed with the work that you're doing in terms [1:30:38](https://www.youtube.com/watch?v=msGyd4vEg8s&t=5438s) of this kind of you know new economical new economic syndicates kind of model you know you've thought really hard about it i think you're producing the right level of resources you know social practices some technology some economics like it doesn't look like you're neglecting any of the parts of the system and i'm guessing a year from now this thing will be really really rolling along a right old pace of not good work really good work thank you thank you and yeah consider coming to claim your seeds yeah yeah absolutely well i mean i gotta say like we're gonna need a bunch of development work doing on Mattereum and you know we could certainly consider bringing some of that stuff into this ecosystem as like okay you know we need the following problem solved somebody indicate how they're going to do it you know like it might be a viable development model for us for some of our work that sounds awesome and i mean Mattereum itself like definitely sounds like a one of the building blocks for this uh graveyard that's why i asked you about like whether the shop already exists like maybe we can just integrate that straight in yeah i mean we can do asset passports now for objects the exchange ability if somebody came and said hey we need to buy and sell things tomorrow we could do it in a week or two it's not the most urgent thing because we're building a bunch of other stuff we're on boarding some really crazy things but yeah i mean it's it's very it's doable it's cool really lovely talking to you mom i'm really glad we did very good --- End of [714] Autonomous A1 - Taming Capitalism with Vinay Gupta of Mattereum, part 3 of 3. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [702](https://guptaoption.com/texts/702.md) Conversation With Pat Kane & Vinay Gupta (2021); the most closely related, [723](https://guptaoption.com/texts/723.md) "Saving the Climate with Real World Asset NFTs" by Vinay... (2020); his whole career in one file, https://guptaoption.com/story.md.