From 1d3cf0227f95840f117cdf0bb67dd3e081f7c730 Mon Sep 17 00:00:00 2001 From: sdiehl Date: Tue, 8 Mar 2022 09:47:00 +0000 Subject: [PATCH 01/10] Fix typo --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index bd0877c..a3f27b2 100644 --- a/README.md +++ b/README.md @@ -188,7 +188,7 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg #### Buddhist -* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu. A monk explains why crypto is compatible with the teachings of the Buddha from both moral and spiritual dimensions. +* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu. A monk explains why crypto is incompatible with the teachings of the Buddha from both moral and spiritual dimensions. #### Christian From 522a1d9d74e276b4c5a4de76fb0f93e1772b67e4 Mon Sep 17 00:00:00 2001 From: sdiehl Date: Tue, 8 Mar 2022 10:00:48 +0000 Subject: [PATCH 02/10] Introdution spine page --- concepts/introduction.md | 44 ++++++++++++++++++++++++++++++++++++++++ 1 file changed, 44 insertions(+) create mode 100644 concepts/introduction.md diff --git a/concepts/introduction.md b/concepts/introduction.md new file mode 100644 index 0000000..89ec165 --- /dev/null +++ b/concepts/introduction.md @@ -0,0 +1,44 @@ +# Introduction + +[[web3]] is a huge phenomenon but it can be hard to make sense of. We’re launching this collaborative initiative to address this. This page serves as a spine for all concepts related to the topic. + +## Economics + +* [[artificial-scarcity]] +* [[asymmetric-information]] +* [[central-banks]] +* [[currency]] +* [[currency-peg]] +* [[free-rider-problem]] +* [[gold-standard]] +* [[market-manipulation]] +* [[moral-hazard]] +* [[public-goods-problem]] +* [[zero-sum-game]] + +## Technology + +* [[blockchain]] +* [[cryptoasset]] +* [[dao]] +* [[defi]] +* [[decentralization]] +* [[ico]] +* [[nft]] +* [[ransomware]] +* [[smart-contracts]] +* [[stablecoin]] + +## Regulation + +* [[aml]] +* [[kyc]] + +## Ideologies + +* [[market-fundamentalism]] +* [[austrian-economics]] +* [[libertarianism]] +* [[technosolutionism]] +* [[keynsian-economics]] + From 152ed91bf1404d17bc1f280ab0076b0e1169103b Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 11:11:24 +0100 Subject: [PATCH 03/10] adds links, corrects typos --- README.md | 26 ++++++++++++++++---------- 1 file changed, 16 insertions(+), 10 deletions(-) diff --git a/README.md b/README.md index bd0877c..799bc3e 100644 --- a/README.md +++ b/README.md @@ -148,7 +148,13 @@ Non-fungible tokens. ### Humour -* [Crypto Curious](https://www.youtube.com/watch?v=N8f-BQFo7lw) - 2021-12-21 SOUTH PARK on NFTs +* [Crypto Curious](https://www.youtube.com/watch?v=N8f-BQFo7lw) - South Park on NFTs - 2021-12-21 +* [N-FT: Non-Functioning Tower](https://www.nonfunctioningtower.com) - NFT satire - 2022-03-07 +* [“a normal person explains cryptocurrency”](https://twitter.com/avalonpenrose/status/1473753174787772418) by Avalon Penrose - 2021-12-22 +* [“my crypto friend calls me every day and this is what he sound like”](https://www.youtube.com/watch?v=TUB9jgMuC7U) by Flula - 2021-02-22 +* [The Billion-Dollar Bitcoin Scam](https://www.youtube.com/watch?v=YCuGpfMSmck) - Ordinary Things - 2020-05-31 - “What is Bitcoin? Is Bitcoin a scam? And how did Bitcoin become what it is today? Who was the Dread Pirate Roberts and what happened to the Silk Road?” +* [Cryptocurrencies: Last Week Tonight with John Oliver (HBO)](https://www.youtube.com/watch?v=g6iDZspbRMg) - 2018-03-12 +* [Don’t Understand Bitcoin? This Man Will Mumble An Explanation At You](https://www.youtube.com/watch?v=4APcgsRdW6w) by ClickHole - 2015-07-7 ### Twitter users @@ -180,15 +186,21 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg * [Money and Payments: The U.S. Dollar in the Age of Digital Transformation](https://www.federalreserve.gov/publications/money-and-payments-discussion-paper.htm) - provides a high level overview of the current state of central bank and private sector currencies in the US, and identifies risks and challenges with the implementation of a central bank digital currency. From the paper summary: "The paper summarizes the current state of the domestic payments system and discusses the different types of digital payment methods and assets that have emerged in recent years, including stablecoins and other cryptocurrencies. It concludes by examining the potential benefits and risks of a CBDC, and identifies specific policy considerations." ### Trading/Market Microstructure/Security Risks + * [Quantifying Blockchain Extractable Value: How dark is the forest?](https://arxiv.org/abs/2101.05511) - Qin et al., 2021. Technical paper characterizing and quantifying miner extracted value on Ethereum's DeFi smart contracts. * [High-Frequency Trading on Decentralized On-Chain Exchanges](https://arxiv.org/abs/2009.14021) - Zhou et al., 2020. Technical paper detailing the "front-running" that occurs on Ethereum. * [An Anatomy of Bitcoin Price Manipulation](https://www.singlelunch.com/2022/01/09/an-anatomy-of-bitcoin-price-manipulation/) - Matt Ranger, 2022. Speculative analysis of centralized cryptocurrency exchange market data to support a price manipulation hypothesis. -### Religious angles +### Former bitcoin enthusiasts turned skeptics + +* [Money corrupts; bitcoin corrupts absolutely.](https://www.cynicusrex.com/file/cryptocultscience.html) by Angelino Desmet - 12-03-2021 +* [I wish I never bought bitcoin.](https://www.cynicusrex.com/file/greed.html) by Angelino Desmet - 01-06-2020 + +### Religious skeptical angles #### Buddhist -* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu. A monk explains why crypto is compatible with the teachings of the Buddha from both moral and spiritual dimensions. +* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu - 2021-12-15 - “Bhante Sujato explains the moral failings at the heart of cryptocurrencies and allied tech like bitcoin, web3, NFTs, and trustless contracts. ” #### Christian @@ -223,7 +235,7 @@ Here we collect the best theses for why this is important/interesting/world-chan ### Web3 -* [Sean Bonner: Why Web3](https://blog.seanbonner.com/2021/10/26/why-web3/) - 2021-10-26 - by Sean Bonner. "Web3 upends the power structures we’ve grown accustomed to and puts artists and creators back into the drivers seat. ,,, Web3 offers a future where people are in charge of their own identities, not beholden to the whims of data hoarding corporations. People control their own accounts, own their own futures. ... So if you are asking “Why Web3?” The answer is simple. Web3 is the future." +* [Sean Bonner: Why Web3](https://blog.seanbonner.com/2021/10/26/why-web3/) - 2021-10-26 - by Sean Bonner. "Web3 upends the power structures we’ve grown accustomed to and puts artists and creators back into the drivers seat…Web3 offers a future where people are in charge of their own identities, not beholden to the whims of data hoarding corporations. People control their own accounts, own their own futures…So if you are asking “Why Web3?” The answer is simple. Web3 is the future." ### Fat protocols @@ -275,12 +287,6 @@ Pros * [Scanning the European Ecosystem of Distributed Ledger Technologies for Social and Public Good](https://publications.jrc.ec.europa.eu/repository/handle/JRC121675) - Oct 2020 - by Samer Hassan and colleagues * Twitter thread: https://twitter.com/samerP2P/status/1317123399295041541 - -### Former bitcoin enthusiasts turned skeptics - -* [Money corrupts; bitcoin corrupts absolutely.](https://www.cynicusrex.com/file/cryptocultscience.html) - 12-03-2021 -* [I wish I never bought bitcoin.](https://www.cynicusrex.com/file/greed.html) - 01-06-2020 - ### Other suggestions * New topic concerning the psychological harm, such as: gambling, greed, cultism, etc. From a2898fe5f0773805f0d32e24ffc9644119ce8cb6 Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 11:14:22 +0100 Subject: [PATCH 04/10] grammar --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index 799bc3e..d6f9ea1 100644 --- a/README.md +++ b/README.md @@ -210,7 +210,7 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg --- -## What is blockchain/web3 etc +## What is blockchain, web3, etc. Best intros/overviews of blockchain, crypto, web3 etc. From 6acd6014ee0c736ab8fa0e2d460a65268e36bb4f Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 11:20:06 +0100 Subject: [PATCH 05/10] typo --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index d6f9ea1..e75af47 100644 --- a/README.md +++ b/README.md @@ -200,7 +200,7 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg #### Buddhist -* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu - 2021-12-15 - “Bhante Sujato explains the moral failings at the heart of cryptocurrencies and allied tech like bitcoin, web3, NFTs, and trustless contracts. ” +* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu - 2021-12-15 - “Bhante Sujato explains the moral failings at the heart of cryptocurrencies and allied tech like bitcoin, web3, NFTs, and trustless contracts.” #### Christian From db568f8a37e44dee5989baa3d374d9bbd1616ae2 Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 11:23:43 +0100 Subject: [PATCH 06/10] typo already fixed --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index e75af47..3646286 100644 --- a/README.md +++ b/README.md @@ -200,7 +200,7 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg #### Buddhist -* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu - 2021-12-15 - “Bhante Sujato explains the moral failings at the heart of cryptocurrencies and allied tech like bitcoin, web3, NFTs, and trustless contracts.” +* [Sujato Bhikkhu on Crypto](https://www.youtube.com/watch?v=CA_cfLqIkA0) by Sujato Bhikkhu - 2021-12-15 - A monk explains why crypto is incompatible with the teachings of the Buddha from both moral and spiritual dimensions. #### Christian From 675c5d52a7adfdefecc1781243e91391f721521b Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 11:37:48 +0100 Subject: [PATCH 07/10] grammar --- README.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/README.md b/README.md index 3646286..dee105b 100644 --- a/README.md +++ b/README.md @@ -212,7 +212,7 @@ Whilst these users may not solely discuss crypto or web3, they do discuss it reg ## What is blockchain, web3, etc. -Best intros/overviews of blockchain, crypto, web3 etc. +Best intros/overviews of blockchain, crypto, web3, etc. * [On Blockchain and Trust](https://www.schneier.com/blog/archives/2019/02/blockchain_and_.html) - February 12, 2019 by Bruce Schneier. The article also appeared on wired.com as [There's No Good Reason to Trust Blockchain Technology](https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/). - [The Myth of Decentralization and Lies about Web 2.0](https://www.emilygorcenski.com/post/the-myth-of-decentralization-and-lies-about-web-2.0/) - 2022-01-07 by Emily Gorcenski @@ -222,7 +222,7 @@ Best intros/overviews of blockchain, crypto, web3 etc. ## Iron-manning the pro arguments -Here we collect the best theses for why this is important/interesting/world-changing. +Here we collect the best theses for why blockchain/crypto“currency”/web3 is supposedly important/interesting/world-changing. ### Bitcoin From 0dfeac2ee1efd66dac71c2b583449512057012ce Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 12:10:22 +0100 Subject: [PATCH 08/10] adds new Molly White source --- README.md | 1 + 1 file changed, 1 insertion(+) diff --git a/README.md b/README.md index bf53d57..87b96ae 100644 --- a/README.md +++ b/README.md @@ -45,6 +45,7 @@ Awesome critique of crypto/web3, etc. Contributions are welcome. * [Anonymous cryptocurrency wallets are not so simple](https://blog.mollywhite.net/anonymous-crypto-wallets/) * [Cryptocurrency off-ramps, and the pressure towards centralization](https://blog.mollywhite.net/off-ramps/) * [Cryptocurrency’s Robinhood effect](https://blog.mollywhite.net/cryptocurrencys-robinhood-effect/) + * [Abuse on the blockchain – Guest lecture at Stanford University](https://www.youtube.com/watch?v=hXBZ-BXfCSY) * [Against Web3 and Faux-Decentralization](https://soatok.blog/2021/10/19/against-web3-and-faux-decentralization/) - 2021-10-19 by Soatok * [The technological case against Bitcoin and blockchain](https://lukeplant.me.uk/blog/posts/the-technological-case-against-bitcoin-and-blockchain/) - 2022-03-05 by Luke Plant * [The Case Against Crypto](https://www.watershed.co.uk/studio/news/2021/12/03/case-against-crypto) - 2021-12-03 by Martin O'Leary From 354beca8bd679e44fd15aeff9ac025176132adf3 Mon Sep 17 00:00:00 2001 From: CynicusRex Date: Tue, 8 Mar 2022 12:11:08 +0100 Subject: [PATCH 09/10] typo$ --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index 87b96ae..f85c923 100644 --- a/README.md +++ b/README.md @@ -32,7 +32,7 @@ Awesome critique of crypto/web3, etc. Contributions are welcome. * [Web3 First Impressions](https://moxie.org/2022/01/07/web3-first-impressions.html) - 2022-01-07 Moxie Marlinspike, co-founder of Signal etc. * [Bitcoin, Currencies, and Fragility by Nassim Taleb - 27 Jun 2021](https://arxiv.org/abs/2106.14204) - highly critical paper by author Black Swan etc. * https://watershed.co.uk/studio/news/2021/12/03/case-against-crypto -* [The European Money and Finance Forum - The encrypted threat: Bitcoin’s social cost and regulatory responses](https://web.archive.org/web/20220107084533/https://www.suerf.org/docx/f_88b3febc5798a734026c82c1012408f5_38771_suerf.pdf) - Jan 2022. A comprehensive study by SUERF - The European Money and Finance Forum that details the net negative effects of bitcoin to society. +* [The European Money and Finance Forum - The encrypted threat: Bitcoin’s social cost and regulatory responses](https://web.archive.org/web/20220107084533/https://www.suerf.org/docx/f_88b3febc5798a734026c82c1012408f5_38771_suerf.pdf) - Jan 2022. A comprehensive study by SUERF - The European Money and Finance Forum that details the net negative effects of bitcoin to society. * [The Third Web](https://tante.cc/2021/12/17/the-third-web/) - 2021-12-17 - long critical essay including detailed history by [Tante](https://twitter.com/tante) * https://rufuspollock.com/2016/07/02/reflections-on-the-blockchain/ - 2016-07-02 - by Rufus Pollock (mainly a critique of early DAOs and techno-solutionism) * [Web3 takes trust, too](https://www.bloomberg.com/opinion/articles/2022-01-10/web3-takes-trust-too) - 2022-01-10 by Matt Levine on Bloomberg.com From a4856ff61fe2ce2d53c6f13afc3ee68453f2e193 Mon Sep 17 00:00:00 2001 From: sdiehl Date: Tue, 8 Mar 2022 11:35:57 +0000 Subject: [PATCH 10/10] Convert to markdown links --- concepts/gold-standard.md | 2 +- concepts/introduction.md | 57 ++++++++++++++++---------------- concepts/mining.md | 2 ++ concepts/stablecoin.md | 2 +- concepts/zero-sum-game.md | 4 ++- ideologies/austrian-economics.md | 2 +- 6 files changed, 37 insertions(+), 32 deletions(-) create mode 100644 concepts/mining.md diff --git a/concepts/gold-standard.md b/concepts/gold-standard.md index 4ce6300..d3e8d11 100644 --- a/concepts/gold-standard.md +++ b/concepts/gold-standard.md @@ -1,6 +1,6 @@ # Gold Standard -A monetary standard for a [[currency]] based on precious metals, espoused as [[sound-money]] in [[austrian-economics]]. +A monetary standard for a [currency](currency.md) based on precious metals, espoused as [sound-money](sound-money.md) in [austrian-economics](austrian-economics.md). ## Criticisms diff --git a/concepts/introduction.md b/concepts/introduction.md index 89ec165..4a81846 100644 --- a/concepts/introduction.md +++ b/concepts/introduction.md @@ -4,41 +4,42 @@ ## Economics -* [[artificial-scarcity]] -* [[asymmetric-information]] -* [[central-banks]] -* [[currency]] -* [[currency-peg]] -* [[free-rider-problem]] -* [[gold-standard]] -* [[market-manipulation]] -* [[moral-hazard]] -* [[public-goods-problem]] -* [[zero-sum-game]] +* [artificial-scarcity](artificial-scarcity.md) +* [asymmetric-information](asymmetric-information.md) +* [central-banks](central-banks.md) +* [currency](currency.md) +* [currency-peg](currency-peg.md) +* [free-rider-problem](free-rider-problem.md) +* [gold-standard](gold-standard.md) +* [market-manipulation](market-manipulation.md) +* [moral-hazard](moral-hazard.md) +* [public-goods-problem](public-goods-problem.md) +* [zero-sum-game](zero-sum-game.md) ## Technology -* [[blockchain]] -* [[cryptoasset]] -* [[dao]] -* [[defi]] -* [[decentralization]] -* [[ico]] -* [[nft]] -* [[ransomware]] -* [[smart-contracts]] -* [[stablecoin]] +* [blockchain](blockchain.md) +* [cryptoasset](cryptoasset.md) +* [dao](dao.md) +* [defi](defi.md) +* [decentralization](decentralization.md) +* [ico](ico.md) +* [nft](nft.md) +* [ransomware](ransomware.md) +* [smart-contracts](smart-contracts.md) +* [stablecoin](stablecoin.md) ## Regulation -* [[aml]] -* [[kyc]] +* [security](security.md) +* [aml](aml.md) +* [kyc](kyc.md) ## Ideologies -* [[market-fundamentalism]] -* [[austrian-economics]] -* [[libertarianism]] -* [[technosolutionism]] -* [[keynsian-economics]] +* [market-fundamentalism](market-fundamentalism.md) +* [austrian-economics](austrian-economics.md) +* [libertarianism](libertarianism.md) +* [technosolutionism](technosolutionism.md) +* [keynsian-economics](keynsian-economics.md) diff --git a/concepts/mining.md b/concepts/mining.md new file mode 100644 index 0000000..80709e4 --- /dev/null +++ b/concepts/mining.md @@ -0,0 +1,2 @@ +# Mining + diff --git a/concepts/stablecoin.md b/concepts/stablecoin.md index 2e840fc..37e1019 100644 --- a/concepts/stablecoin.md +++ b/concepts/stablecoin.md @@ -1,3 +1,3 @@ # Stablecoin -A crypto asset that is pegged ([[currency-peg]]) to a real world [[currency]] such as the dollar or euro. Stablecoins may be issued on multiple [[blockchain]]. +A crypto asset that is pegged ([[currLency-peg]]) to a real world [currency](currency.md) such as the dollar or euro. Stablecoins may be issued on multiple [blockchain](blockchain.md). diff --git a/concepts/zero-sum-game.md b/concepts/zero-sum-game.md index d3e8c96..3a7d621 100644 --- a/concepts/zero-sum-game.md +++ b/concepts/zero-sum-game.md @@ -1,3 +1,5 @@ # Zero Sum Game -An economic game in which involves two sides and where the result is an advantage for one side and a loss for the other. The sum of all gains and losses across all players sums to zero. \ No newline at end of file +An economic game in which involves two sides and where the result is an advantage for one side and a loss for the other. The sum of all gains and losses across all players sums to zero. + +Investing in crypto tokens is neccesarily a zero sum games before considering the cost of transactions and network maintenance. \ No newline at end of file diff --git a/ideologies/austrian-economics.md b/ideologies/austrian-economics.md index 0c1252b..88f9ab5 100644 --- a/ideologies/austrian-economics.md +++ b/ideologies/austrian-economics.md @@ -4,7 +4,7 @@ A heterodox school of economics that attempts to reason about human behaviour fr This school of thought has seen a resurgence in relation to cryptocurrency. -Often resonates with advocacy for the [[gold-standard]] and [[libertarianism]]. +Often resonates with advocacy for the [gold-standard](gold-standard.md) and [libertarianism](libertarianism.md). ## Prominent Thinkers