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A comment on The Drivers Cooperative. Parent comment

Re:The Drivers Cooperative by User23 on Saturday March 27, 2021 @08:44AM (#26601904)
The entire US payments system is a co-op payment network[1]. The Federal Reserve is owned by its member banks and they handle clearing for some absurdly large number of transactions. They use a slightly different nomenclature, but pragmatically it's a member owned co-op.

[1] https://www.federalreserve.gov/faqs/about_14986.htm

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Re:The Drivers Cooperative by novok on Saturday March 27, 2021 @02:29PM (#26604310)
I don't think a global association of lyft, uber, didi, grab, doordash etc is exactly the kind of 'coop' that these people are going for. Your describing a coop of large organizations. This is a 'by the people for the people' type of organization, which the closest thing I can think for is a credit union.
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