Owning your own data and identity is a core component of Open Money

Open Money is presented as a way for individuals to own and control their digital data, identity and content, rather than leaving that control to platforms. The article contrasts Web2 platforms such as Facebook, YouTube, X and Medium, which it says hold content without ownership and take value through ad revenue, revenue-sharing and algorithm-driven paywalls. It states that technologies like NFTs and encrypted wallets let creators own, sell and transfer digital assets without centralized intermediaries. The text also claims that individual data ownership lets people decide who accesses their data and whether to profit from it.