[tidy,ponzi,intro,energy][m]: add several different links in various areas and tidy heading levels.

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Rufus Pollock 2022-01-16 09:22:56 +01:00
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Awesome critique of crypto / web3 etc. Contributions welcome.
## General
## Critique
### General
* Stephen Diehl series - https://www.stephendiehl.com/blog.html
* [The Case Against Crypto](https://www.stephendiehl.com/blog/against-crypto.html) - December 31, 2021
@ -43,22 +45,31 @@ Awesome critique of crypto / web3 etc. Contributions welcome.
* [Financial Times: Why bitcoin is worse than a Madoff-style Ponzi scheme](https://web.archive.org/web/20220113183816/https://www.reddit.com/r/CryptoReality/comments/rm78e3/financial_times_why_bitcoin_is_worse_than_a/) - 2021-12-22. A Ponzi scheme is a zero-sum enterprise. But bitcoin is a negative-sum phenomenon that you cant even pursue a claim against, argues Robert McCauley. [Original](https://ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0)
* https://seattletimes.com/opinion/bitcoin-is-basically-a-ponzi-scheme/
* https://ic.unicamp.br/~stolfi/bitcoin/2020-12-31-bitcoin-ponzi.html
* [Financial Times: Albanian lessons for regulators nervously eyeing the crypto world](https://www.ft.com/content/810367e5-e0b1-4221-b303-f3012a177437) - 2021-07-05 - Albanias 1990s pyramid scheme debacle highlights risks of regulatory paralysis on the cryptocurrency explosion
> Once upon a time in Albania, a scrappy, alternative finance industry emerged to take on and eventually supplant a sclerotic, technologically-backward banking system. The lessons from its dramatic collapse remain relevant today. 
>
> Essentially, what was initially touted as a post-communist entrepreneurial success story proved to be pyramid schemes of breathtaking proportions. Slick marketing and lofty promises turned an informal, decentralised, crime-facilitating ecosystem into a mainstream mania that sucked in multitudes of people, unchecked by feeble and fitful regulatory warnings.
### Bitcoin and Energy Consumption
### Crypto and Energy Consumption
* https://digiconomist.net/bitcoin-energy-consumption
* https://newyorker.com/news/daily-comment/why-bitcoin-is-bad-for-the-environment
* [Energy power usage CryptoArt, ETH, Blockchain spreadsheet](https://docs.google.com/spreadsheets/d/1hzzxMbytOZ1mYl9kLh_SvM6kne6JI_mdCfHIoNapr5M/edit#gid=0)
## Scams / Frauds
### Scams / Frauds
* [People Building Blockchain City in Wyoming Scammed by Hackers - Vice](https://www.vice.com/en/article/k7w3am/people-building-blockchain-city-in-wyoming-scammed-by-hackers) - - 2022-01-12 - On Monday, CityDAO—the group that bought 40 acres of Wyoming in hopes of "building a city on the Ethereum blockchain”—announced that its Discord server was hacked and members' funds were successfully stolen as a result.
* [Web3 is going just great](https://web3isgoinggreat.com/) - A timeline of scams related to cryptocurrencies, NFTs, and web3 projects since the beginning of 2021 by Molly White
## Critical views of specific use cases
### NFT
Non-fungible tokens
### Critical views of specific use cases
* Event ticketing: [NFT tickets — a realistic look at a big trend](https://medium.com/@ticketpark/nft-tickets-a-realistic-look-at-a-big-trend-ae813d6f885d) 2021-12-14
## Twitter Users
### Twitter Users
Whilst these users may not solely discuss crypto or Web3, they do discuss it regularly, and have consistently provided well-written criticism.
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* https://twitter.com/molly0xFFF
* https://twitter.com/smdiehl
## Tether (and Stablecoins)
### Tether (and Stablecoins)
TODO
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## What is blockchain / web3 etc
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* [There's No Good Reason to Trust Blockchain Technology](https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/) - June 2, 2019 by Bruce Schneier
- [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
* http://kernel.community - A custom web3 educational community with free learning resources at https://kernel.community/en/learn/
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## Iron-manning the pro arguments