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# Crypto assets have a verifiable valuation model
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# Crypto assets do not have a verifiable valuation model
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Crypto tokens have no reliable valuation method. It is not possible to develop a theoretical [value](../concepts/value.md) for a crypto token because there is no demand curve generated by a [use case](../concepts/use-value.md) or any [income-cashflows](../concepts/income-cashflows.md) associated with the [security](../concepts/security.md). Crypto tokens thus have a strictly zero [fundamental-value](../concepts/fundamental-value.md).
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# Crypto has a weird subculture
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Crypto currency is an example of a self-organizing [high control group](../concepts/high-control-group.md) whose existence organically creates a market mania, [bubble](../concepts/bubble.md) and [narrative economics](../concepts/narrative-economics.md) that entices the public to invest in the asset class or join the group and its subculture.
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Since the asset class is [non-productive](../concepts/productive-asset.md) and [negative-sum](negative-sum.md)the crypto scheme depends largely on narratives of "money for nothing" and "easy wealth" that clash with traditional readings of [economics](../concepts/ideologies/keynsian-economics.md). These schemes may depend on [technosolutionism](../concepts/ideologies/technosolutionism.md) or [libertarianism](../concepts/ideologies/libertarianism.md) to justify bringing more [greater fools](../concepts/greater-fool-theory.md) into the scheme.
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Since the asset class is [non-productive](../concepts/productive-asset.md) and [negative-sum](negative-sum.md) the crypto scheme depends largely on narratives of "money for nothing" and "easy wealth" that clash with traditional readings of [economics](../concepts/ideologies/keynsian-economics.md). These schemes may depend on [technosolutionism](../concepts/ideologies/technosolutionism.md) or [libertarianism](../concepts/ideologies/libertarianism.md) to justify bringing more [greater fools](../concepts/greater-fool-theory.md) into the scheme.
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Crypto culture depends heavily on a distortion of language to signify belonging to an ingroup and leans heavily on [thought terminating cliches](../concepts/thought-terminating-cliches.md) to quell dissent or rational discourse.
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# Anti Money Laundering
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Money laundering is a criminal activity in which the provenance of money associated with a crime are obscured by passing the funds through legitimate businesses to obscure their origin.
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[Money laundering](money-laundering.md) is a criminal activity in which the provenance of money associated with a crime are obscured by passing the funds through legitimate businesses to obscure their origin.
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Crypto assets are used as a vehicle for money laundering.
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# Artificial Scarcity
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The abstract notion of creating an asset which has no physicality or underlying and whose demand curve is not generated by [use-value](concepts/use-value.md) or [income-cashflows](concepts/income-cashflows.md).
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The abstract notion of creating an asset which has no physicality or underlying and whose demand curve is not generated by [use-value](use-value.md) or [income-cashflows](income-cashflows.md).
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Financial instruments like bonds, stocks and derivatives are not artificially scarce because of their underlying cashflows. Commodities are not artificially scarce because of their physicality and intrinsic value.
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Products like [crypto asset](cryptoasset.md) and [nft](concepts/nft.md) are artificially scarce.
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Products like [crypto asset](cryptoasset.md) and [nft](nft.md) are artificially scarce.
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@ -9,7 +9,7 @@ Comparison of different asset classes.
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| Stock | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️
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| Bond | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | ✔️ | ❌
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| Bitcoin | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️
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| Commodity | ❌ | * | ✔️ | ❌ | ❌ | ❌ | ✔️ | ❌
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| Commodity | ❌ | * | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌
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| NFT | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✔️
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* (*) depends on the particular commodity
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# Bearer Instrument
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Physical [currency](currency.md) is a bearer instrument.
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Unhosted crypto [wallets](wallet.md) are bearer instruments for whoever holds their associated [private-key](private-key.md).
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Unhosted crypto [wallets](wallet.md) are bearer instruments for whoever holds their associated [private key](private-key.md).
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# Blockchain
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A data structure that maintains a list of transactions that are authenticated using public key cryptography and linked using a hash function. A blockchain is a partial ordering of transaction event into windows of discrete time by which the transactions are programmatically committed to a shared history which is synchronized via a [consensus algorithm](consensus-algorithm.md).
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A blockchain is the technical underpinnings for [crypto assets](cryptoasset.md) such as [bitcoin](bitcoin.md) and [ethereum](ethereum.md).
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A blockchain is the technical underpinnings for [crypto assets](cryptoasset.md) such as [bitcoin](bitcoin.md) and [ethereum](ethereum.md).
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In computer science terms, a blockchain is a data structure that maintains a list of transactions that are authenticated using public key cryptography and linked using a hash function. A blockchain is a partial ordering of transaction event into windows of discrete time by which the transactions are programmatically committed to a shared history which is synchronized via a [consensus algorithm](consensus-algorithm.md).
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The term has been overloaded extensively and other data structures and topologies have been described as blockchain regardless of their use. See [permissioned-blockchain](permissioned-blockchain.md).
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# Broker
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# Capital Formation
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# Central Bank Digital Currency
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A digital [currency](currency.md) issued by a [central-banks](central-banks.md) often shorted as CBDC. The implementation and wise-scale use of CBDCs is a hypothetical technology. Many experimental implementations do not use a [blockchain](blockchain.md) and are based on centralized database technologies and do not require a [consensus-algorithm](consensus-algorithm.md). This makes CBDCs technical underpinnings significantly distinct from [crypto asset](cryptoasset.md) which are allegedly [decentralized](decentralization.md).
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CBDCs are either based on an *account model* or *token model*.
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CBDCs have been critized as being an extension of the surveillance state that conflicts with financial privacy norms.
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## Examples
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* Chinese Digital Yuan
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# Censorship Resistance
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#todo
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The claim or aspiration that a [decentralization](decentralization.md) network is resistant to the removal of content or transactions by an outside party or law enforcement. Censorship resistance is often touted as a feature of [blockchain](blockchain.md) and [cryptoasset](cryptoasset.md).
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# Commercial Paper
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# Commodity
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An asset that is used for its [use-value](use-value.md) as an input to an economic process.
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An asset that is used for its [use value](use-value.md) as an input to an economic process.
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## Examples
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# Consensus Algorithm
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A mechanism by which data is synchronised across computer and kept in a consistent state.
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A mechanism by which data is synchronised across computer and kept in a consistent state. An integral part of a [blockchain](blockchain.md) network.
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Many consensus algorithms use tokens rewards as an economic incentive for partipants to maintain servers which [mine](mining.md), [stake](staking.md) or participate in the consensus algorithm..
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## Proof of Work
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A digital asset that is traded on a [blockchain](blockchain.md).
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Crypto assets have no [use-value](use-value.md), no [fundamental-value](fundamental-value.md), and no [income-cashflows](income-cashflows.md) and are a manifestation of the [greater-fool-theory](greater-fool-theory.md).
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Crypto assets have no [use value](use-value.md), no [fundamental value](fundamental-value.md), and no [income-cashflows](income-cashflows.md) and are a manifestation of the [greater fool theory](greater-fool-theory.md).
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## Examples
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* [bitcoin](bitcoin.md)
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* [ethereum](ethereum.md)
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* [dogecoin](dogecoin.md)
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* [Bitcoin](bitcoin.md)
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* [Ethereum](ethereum.md)
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* [Dogecoin](dogecoin.md)
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## Comparables
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* [Commodity](commodity.md) with no use value
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* Exchange traded [pyramid-scheme](pyramid-scheme.md)
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* [Derivative](derivative.md) contract with no underlying
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* [Libertarianism](ideologies/libertarianism.md) performance [art](art.md)
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* [Libertarian](ideologies/libertarianism.md) performance [art](art.md)
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* Self-organizing [ponzi-scheme](ponzi-scheme.md)
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# Counter-terrorism financing
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Counter-terrorism financing (CFT or CTF) is a regulatory requirement that financial service providers and [money services business](money-services-business.md) may not trade or offer services with entities who are sanctioned or on terrorist watch lists.
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# Currency Peg
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A [currency](concepts/currency.md) peg is a policy in which an asset is set to a specific fixed exchange rate for its currency with a foreign currency or basket of currencies.
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A [currency](currency.md) peg is a policy in which an asset is set to a specific fixed exchange rate for its currency with a foreign currency or basket of currencies.
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# Distributed Autonomous Organization
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A DAO or *decentralized autonomous organization* is a form of [smart contract](smart-contracts.md) which aims to reproduce the governance structure of a corporation or coop attached associated with [cryptoasset](cryptoasset.md) held by the [smart contracts](smart-contracts.md).
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DAOs are experiments in autonomous governance and voting structures (quadratic voting, continuous voting, etc) which give voting rights proportionally to the "shareholders" of the structure by their percentage of ownership of the *governance token* issued by the DAO.
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DAOs are experiments in autonomous governance and voting structures (quadratic voting, continuous voting, etc) which give voting rights proportionally to the "shareholders" of the structure by their percentage of ownership of the [governance token](governance-token.md) issued by the DAO.
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DAOs are a form of [regulatory-arbitrage](regulatory-arbitrage.md) which attempt to recreate the regulated of creating voting shares in corporations. Instead this DAOs place this practice outside the regulatory perimeter and have no recourse for shareholders in the presence of fraud.
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DAOs are a form of [regulatory arbitrage](regulatory-arbitrage.md) which attempt to recreate the regulated of creating voting shares in corporations. Instead this DAOs place this practice outside the regulatory perimeter and have no recourse for shareholders in the presence of fraud.
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DAOs are best understood as shares in a common enterprise which is run by potentially anonymous entities and which has no restrictions on the provenance of funds held by the "corporation" basically acting as a self-governing crypto slush fund. DAOs may be attached to a enterprise which is an attempt at solving a hard [public-goods-problem](public-goods-problem.md) such as fixing climate change or universal basic income.
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DAOs are best understood as shares in a common enterprise which is run by potentially anonymous entities and which has no restrictions on the provenance of funds held by the "corporation" basically acting as a self-governing crypto slush fund. DAOs may be attached to a enterprise which is an attempt at solving a hard [public goods problem](public-goods-problem.md) such as fixing climate change or universal basic income.
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## Examples
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In information technology it refers to a type of network topology in which a system has no single point of failure and whose workload or actions are performed in parallel by multiple computers which provide a shared service.
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The internet is an example of an decentralized network,
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The internet is the canonical example of a decentralized network.
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## References
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Defi is a broad category of [smart-contracts](smart-contracts.md) which loosely correspond to digital contracts running on a [blockchain](blockchain.md) which allow users to create collateralized loans out of [stablecoin](stablecoin.md) and which have side payouts in so-called "[governance tokens](governance-token.md)".
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See also [yield-farming](yield-farming.md).
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DeFi generally refers to a collection of services which offer lending products offered by non-banks and which exist outside the regulatory perimeter as a form [regulatory-arbitrage](regulatory-arbitrage.md) and to fund margin trading activities to [speculaate](speculation.md) on [crypto assets](cryptoasset.md).
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See also [yield-farming](yield-farming.md), [amm](amm.md), [dex](dex.md).
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# Deflationary
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# Deflationary
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A deflationary asset is one in which the supply of the asset is decreasing.
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A deflationary spiral is a situation in [market](market.md) where decreases in the price level of an asset lead to lower production, which consequently leads to lower demand, which leads to further decreases in the price level. See the historical notes on [gold-standard](gold-standard.md) and [sound-money](sound-money.md) for examples of systems which give rise to deflationary spirals.
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[Bitcoin](bitcoin.md) is an example of a deflationary asset due to its total fixed supply and increasing loss of funds due to lost [wallet](wallet.md) or illiquidity of funds associated with [illicit-financing](illicit-financing.md).
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Dogecoin investing is a [zero-sum-game](zero-sum-game.md).
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Dogecoin has a [narrative-economics](../claims/narrative-economics.md) based on financial nihilism.
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Dogecoin has a [narrative-economics](../claims/narrative-economics.md) based on [financial-nihilism](ideologies/financial-nihilism.md)
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Dogecoin shares a payout structure similar to a [ponzi-scheme](ponzi-scheme.md).
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Ethereum investing is a [negative-sum game](zero-sum-game.md).
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Ethereum has a [narrative economics](../claims/narrative-economics.md) based on [technosolutionism](ideologies/technosolutionism.md), [libertarianism](ideologies/libertarianism.md), [regulatory-arbitrage](regulatory-arbitrage.md) and aspirations of [private-money](private money.md).
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Ethereum has a [narrative economics](../claims/narrative-economics.md) based on [technosolutionism](ideologies/technosolutionism.md), [libertarianism](ideologies/libertarianism.md), [regulatory-arbitrage](regulatory-arbitrage.md) and aspirations of [private-money](private money.md) .
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Ethereum shares a payout structure similar to a [Ponzi scheme](ponzi-scheme.md).
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# Exit Scam
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An *exit scam* or *rugpull* is a type of fraud in which the operators of crypto scheme abscond with investor money or crash an [ililquid](liquidity.md) market resulting in a net transfer of public funds to a [cartel](cartel.md) of insiders.
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The anonomous nature of many [defi](defi.md) projects means these types of fraud are frequent and difficult to trace or prosecute by law enforcment.
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See also [securities law](security.md) and [KYC requirements](kyc.md).
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# Free Rider Problem
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The use of [public-goods](public-goods-problem.md) by parties who do not contribute to their creation or upkeep.
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# Gold Standard
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A monetary standard for a [currency](currency.md) based on precious metal [commodities](commodity.md), espoused as [sound-money](sound-money.md) in [austrian-economics](ideologies/austrian-economics.md).
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A monetary standard for a [currency](currency.md) based on precious metal [commodities](commodity.md), espoused as [sound money](sound-money.md) in [Austrian economics](ideologies/austrian-economics.md).
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## Criticisms
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# Governance Token
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A [bearer instrument](bearer-instrument.md) token which grants holders of the token the capacity to "vote" in a [smart-contracts](smart-contracts.md) implementation of a [DAO](dao.md) or other [DeFi](defi.md) protocol.
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Governance tokens are imitations of voting shares [stock](stock.md) as seen in regulated [security](security.md).
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# Greater Fool Theory
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The greater fool theory is a thesis in economics that market participants can sometimes profit from the purchase (i.e. [speculation](speculation.md)) of overvalued assets , assets whose [market-value](market-value.md) drastically exceeding their [fundamental-value](fundamental-value.md) , if those assets can later be resold at an even higher price to another market participant who makes the same assumption and so on ad infinitum.
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The greater fool theory presumes an infinite chain of fools in order for all participants to "make it" or profit from the [bubble](bubble.md).
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The greater fool theory presumes an infinite chain of fools in order for all participants to profit or "make it" or profit from the [bubble](bubble.md).
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# Financial Nihilism
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A philosophy on investing and markets in which [value](../value.md) does not exist or is inherently unknowable. The claims of this ideology are inherently contradictory but is stems from an underlying belief that [market](../market.md) have no purpose and cannot or do not exist to do [price formation](../price-formation.md) on [assets](../assets.md) because [capitalism](capitalism.md) does not work.
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A philosophy on investing and markets in which [value](../value.md) does not exist or is inherently unknowable. The claims of this ideology are inherently contradictory but is stems from an underlying belief that [market](../market.md) have no purpose and cannot or does not exist to do [price formation](../price-formation.md) on [assets](../assets.md) because [capitalism](capitalism.md) does not work.
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This is a belief system held by many who participate in [meme-stock](../meme-stock.md) and [memecoin](memecoin) projects such as [dogecoin](../dogecoin.md).
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## Libertarianism
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# Libertariansm
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A political ideology that aims to minimize the role of government in the lives of citizens and in the [market](../market.md). Libertarians generally believe in the minimisation of [public goods](../public-goods-problem.md) and instead replace them with free-market driven solutions. Libertarianism is often correlated with ideas of tax minimization or avoidance which are viewed as form of "plunder" by the state.
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Libertarians believe in a minimal nation state whose role exists to provide for public defense, the rule of law, and to enforce civil contract law.
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# Market Fundamentalism
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The belief that [market](../market.md) are inevitable and desirable feature of [capitalism](capitalism.md) and that efficient and transparent [market maker](../market-maker.md) enables capital formation and general public prosperity.
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The belief that [market](../market.md) are inevitable and desirable feature of [capitalism](capitalism.md) and that efficient and transparent [market making](../market-maker.md) enables capital formation and general public prosperity.
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Often coincides with the belief that [market-manipulation](../market-manipulation.md), [asymmetric-information](../asymmetric-information.md), and [cartels](../cartel.md) in markets is undesirable because these phenomenon destroy trust in markets and inhibit [price-formation](../price-formation.md).
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# Marxism
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A political ideology rooted in the ideas of Karl Marx which asserts the inherent intellectual contradictions at the heart of [capitalism](capitalism.md) and [market](../market.md). Marx defines a heterodox reading of [value](../value.md) based on philosophy and history and attempts to derive a new system in which [price-formation](../price-formation.md) can occur without the existing superstructure of capitalism.
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See: [[commodity-fetishism]]
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# Post-state Technocracy
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# Post-state Technocracy
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The political ideology that [blockchain](../blockchain.md) and [cryptoasset](../cryptoasset.md) are a tool to dismantle nation states and install a form of anarchism in which governance and institutions are replaced with technology and a new global transnational plutocracy of those holding crypto assets.
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See also [technosolutionism](technosolutionism.md) and [libertarianism](libertarianism.md).
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# Technocollectivism
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A loose set of political or organisational ideologies that [blockchain](../blockchain.md), [crypto assets](../cryptoasset.md) and [DAOs](../dao.md) can be used to enable new forms of organisations in which capital formation can occur outside of existing power structures.
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See also [technosolutionism](technosolutionism.md).
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# Technolibertarianism
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Technolibertarianism is an extension of [libertarianism](libertarianism.md) with the belief that technology is a liberatory force to ensure civil liberties, encourage the operation of free markets without government intervention and avoid over-regulation.
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Technolibertarianism is particularly aligned with the use of cryptography, [cryptoasset](../cryptoasset.md) and [censorship-resistence](../censorship-resistence.md) tools to protect against what they see as government overreach into
|
||||
the financial lives of citizens. The ideology is predicated on a distrust of institutions and command-and-control structures, and a preference for technical solutions with philosophical appeals to [decentralization](../decentralization.md).
|
||||
|
|
@ -1 +1,4 @@
|
|||
# Inflationary
|
||||
# Inflationary
|
||||
A inflationary asset is one in which the supply of the asset is increasing. It is generally desireable for a [currency](currency.md) to have a small predictable amount of deflation on long time periods as this encourages investments in [productive-asset](productive-asset.md) and stimulate economic growth and the creation of jobs.
|
||||
|
||||
The dollar is an example of an asest which is inflationary due to the monetary policy of the [central-banks](central-banks.md).
|
||||
|
|
@ -1,4 +1,8 @@
|
|||
# Know Your Customer
|
||||
Know your customer or (KYC) is a regulatory requirement where a provider of a financial services provider or [bank](bank.md) must collect personally identifiable information about its customers in order to mitigate fraud or assist with law enforcement activity.
|
||||
|
||||
A regulatory requirement where a provider of a financial services product must collect personally identifiable information about its customers in order to mitigate fraud or assist with law enforcement activity.
|
||||
Some crypto exchanges require KYC when onboarding customers to trade [cryptoasset](cryptoasset.md). Unregulated exchanges allow customers to trade without going through this process.
|
||||
|
||||
KYC is used to assign an identity to a crypto [wallet](wallet.md) account and is used by law enforcement to track the provenance of crypto assets associated with [illicit-financing](illicit-financing.md).
|
||||
|
||||
See also [money-laundering](money-laundering.md), [aml](aml.md), [illicit-financing](illicit-financing.md) and [regulatory-arbitrage](regulatory-arbitrage.md).
|
||||
|
|
@ -1,3 +1,2 @@
|
|||
# Leverage
|
||||
|
||||
Leverage refers to the use of debt to increase the size of a position in an investment.
|
||||
|
|
@ -0,0 +1,5 @@
|
|||
# Liquidity
|
||||
|
||||
Liquidity is as the state of [assets](assets.md) being liquid, or the ability to easily turn the assets or investments into [currency](currency.md) by finding a buyer for the asset on a [[market.]]
|
||||
|
||||
The inability to find a buyer for an asset makes the asset illiquid.
|
||||
|
|
@ -1,2 +1,4 @@
|
|||
# Market Maker
|
||||
#todo
|
||||
A entity of business with performs the business of creating a market, connecting buyers and sellers to exchange goods and services. The trading of financial assets is a regulated activity and involves [price-formation](price-formation.md) and making of an [order book](order-book.md).
|
||||
|
||||
See [crypto-exchange](crypto-exchange.md).
|
||||
|
|
@ -1,4 +1,4 @@
|
|||
# Market
|
||||
A market is defined as the sum total of all the buyers and sellers with regards to the buying and selling of assets. The purpose of a market is to do [price discovery](price-formation.md) to determine [market-value](market value.md) of goods and services.
|
||||
A market is defined as the sum total of all the buyers and sellers with regards to the buying and selling of assets. The purpose of a market is to do [price discovery](price-formation.md) to determine [market-value](market-value.md) of goods and services.
|
||||
|
||||
The business of creating markets is known as [market making](market-maker.md). The business of [gambling](gambling.md) is not market making as no goods or services are exchanged.
|
||||
|
|
@ -1,3 +1,9 @@
|
|||
# Meme Stock
|
||||
The trading of a public [stock](stock.md) detached from its [fundamental value](fundamental-value.md) as pure [speculation](speculation.md). Timing a meme stock [bubble](bubble.md) is a [zero-sum game](zero-sum-game.md).
|
||||
|
||||
The trading of a public [stock](stock.md) detached from its [fundamental-value](fundamental-value.md) as pure [speculation](speculation.md). Timing a meme stock [bubble](bubble.md) is a [zero-sum-game](zero-sum-game.md).
|
||||
## Examples
|
||||
* Gamestop
|
||||
* AMC
|
||||
* Tesla
|
||||
* Blackburry
|
||||
* Bed Bath & Beyond
|
||||
|
|
@ -0,0 +1,4 @@
|
|||
# Crypto Mixer
|
||||
A crypto mixer is a [smart contracts](smart-contracts.md) service that performs [money laundering](money-laundering.md) for a fee. The service obscures the origin of [illicit funds](illicit-financing.md) to evade detection by law enforcement.
|
||||
|
||||
Crypto mixers are a form of [regulatory arbitrage](regulatory-arbitrage.md).
|
||||
|
|
@ -0,0 +1,2 @@
|
|||
# Multi-level Marketing Scheme
|
||||
Is a form of [pyramid-scheme](pyramid-scheme.md).
|
||||
|
|
@ -0,0 +1,2 @@
|
|||
# Money Laundering
|
||||
The obfuscation of the origin of funds by layering illegitimate transactions (often tied to criminal activities) with legitimate transactions.
|
||||
|
|
@ -1,6 +1,5 @@
|
|||
# Moral Hazard
|
||||
|
||||
A situation in market behaviour in which participants are encouraged to take overly risky positions because their exposure is based purely on upside and are isolated from downside of the positions failing.
|
||||
A situation in [market](market.md) behaviour in which participants are encouraged to take overly risky positions because their exposure is based purely on upside and are isolated from downside of the positions failing.
|
||||
|
||||
Often cited as a factor leading to the 2008 subprime mortgage crisis.
|
||||
|
||||
|
|
|
|||
|
|
@ -0,0 +1 @@
|
|||
# Mutualization
|
||||
|
|
@ -1,12 +1,28 @@
|
|||
# Non Fungible Token
|
||||
|
||||
A type of [smart contracts](smart-contracts.md) that associates a tradable [cryptoasset](cryptoasset.md) with a unique piece of data, often a url to hosted image representing some abstract or perceived notion of ownership in [art](art.md) or [sign-value](sign-value.md).
|
||||
A type of [smart contracts](smart-contracts.md) that associates a tradable [crypto asset](cryptoasset.md) with a unique piece of data, often a url to hosted image representing some abstract or perceived notion of ownership in [art](art.md) or [sign value](sign-value.md). Since the tokens have "unique" data associated with the token it is non-fungible unlike other crypto assets which aspire to be a fungible [private money](private-money.md).
|
||||
|
||||
NFTs have no [fundamental-value](fundamental-value.md).
|
||||
NFTs have no [fundamental value](fundamental-value.md).
|
||||
|
||||
NFTs are a [speculative asset](speculation.md).
|
||||
|
||||
NFTs have no [use-value](use-value.md).
|
||||
NFTs have no [use value](use-value.md).
|
||||
|
||||
NFTs have been critizied as having a payout structure similar to a [pyramid scheme](pyramid-scheme.md) or [multilevel marketing scheme](mlm.md).
|
||||
|
||||
## Duplication
|
||||
#todo
|
||||
|
||||
## Multiple-chains
|
||||
#todo
|
||||
|
||||
## Link Rot
|
||||
NFTs have been critized as having no relationship to the underlying artwork and being subject to link-rot.
|
||||
|
||||
See: https://thenftbay.org/
|
||||
|
||||
## Redefinition of Ownership
|
||||
#todo
|
||||
|
||||
## Tinkerbell Effect
|
||||
|
||||
|
|
|
|||
|
|
@ -0,0 +1,4 @@
|
|||
# Permissioned Blockchain
|
||||
A loose marketing term for alleged blockchain solutions that remove token incentives from the [consensus algorithm](consensus-algorithm.md).
|
||||
|
||||
Permissioned blockchains have been critized as being a rebranding of existing distributed databases or that they offer no advantages over traditional relational database solutions such as Microsoft SQL Server.
|
||||
|
|
@ -0,0 +1,6 @@
|
|||
# Pre-mine
|
||||
Is the process of bootstrapping a [cryptoasset](cryptoasset.md), a pre-mine is an allocation of the total supply of the asset to a set of early insider who fund the initial development of the token. This creates [asymmetric-information](asymmetric-information.md) in which early shareholders have a share of all future tokens and undue influence over [price-formation](price-formation.md) of the asset once it goes live on a [crypto-exchange](crypto-exchange.md).
|
||||
|
||||
Pre-mines are most often distributed to venture capital firms.
|
||||
|
||||
Pre-mines have been criticised as an obscured form of [pump-and-dump](pump-and-dump.md) scheme.
|
||||
|
|
@ -1,3 +1,2 @@
|
|||
# Present Value
|
||||
|
||||
The value of an expected [income](income-cashflows.md) stream determined as of the date of valuation.
|
||||
|
|
@ -1,6 +1,6 @@
|
|||
# Private Money
|
||||
|
||||
A [currency](concepts/currency.md) issued by a private party instead of a nation state or [central-banks](central-banks.md). Private money has a [distribution-problem](distribution-problem.md).
|
||||
A [currency](currency.md) issued by a private party instead of a nation state or [central-banks](central-banks.md). Private money has a [distribution-problem](distribution-problem.md).
|
||||
|
||||
Many [crypto assets](cryptoasset.md) allege to be a form of transnational private money in either their namesake or political imaginaries.
|
||||
|
||||
|
|
|
|||
|
|
@ -1 +1,8 @@
|
|||
# Public Goods Problem
|
||||
A problem in economics where a collective good or service must be sustained by [mutualization](mutualization.md) of funds across different parties with different incentives while maintaining universal access.
|
||||
|
||||
City parks are a public good.
|
||||
|
||||
[Money](money.md) is a public good.
|
||||
|
||||
See also [free-rider-problem](free-rider-problem.md).
|
||||
|
|
|
|||
|
|
@ -1,2 +1,4 @@
|
|||
# Regulatory Capture
|
||||
The movement of people working in regulatory bodies to take jobs in the industries they used to regulate. This may introduce conflicts of interest which are not in the public interest.
|
||||
The movement of people working in regulatory bodies to take jobs in the industries they used to regulate. This may introduce conflicts of interest which are not in the public interest.
|
||||
|
||||
See also [regulatory-arbitrage](regulatory-arbitrage.md).
|
||||
|
|
@ -1,3 +1,5 @@
|
|||
# Shadow Bank
|
||||
|
||||
A shadow banking system refers to a network of unregulated financial intermediaries that facilitate the creation of credit across the global financial system outside of the normal banking system.
|
||||
A shadow banking system refers to a network of unregulated financial intermediaries that facilitate the creation of credit across the global financial system outside of the normal banking system.
|
||||
|
||||
See also [regulatory-arbitrage](regulatory-arbitrage.md).
|
||||
|
|
@ -1,3 +1,2 @@
|
|||
# Sign Value
|
||||
|
||||
Sign value denotes and describes the value accorded to an object because of the prestige or social status that it imparts upon the possessor, rather than the [use value](use-value.md) and [income cashflows](income-cashflows.md) derived from the function or use of the asset.
|
||||
|
|
@ -3,8 +3,9 @@ A unit of programmable logic that is stored on a [blockchain](blockchain.md) and
|
|||
|
||||
## Examples
|
||||
|
||||
* [dao](dao.md)
|
||||
* [ico](ico.md)
|
||||
* [amm](amm.md)
|
||||
* [dex](dex.md)
|
||||
* ERC20
|
||||
* [DAO](dao.md)
|
||||
* [ICO](ico.md)
|
||||
* [AMM](amm.md)
|
||||
* [DEX](dex.md)
|
||||
* ERC20
|
||||
* [mixer](mixer.md)
|
||||
|
|
|
|||
|
|
@ -1,4 +1,4 @@
|
|||
# Sound Money
|
||||
An [Austrian economics](ideologies/austrian-economics.md) philosophy that an idealized [currency](concepts/currency.md) should be backed by a finite unchanging supply and fixed supply of a [commodity](concepts/commodity.md).
|
||||
An [Austrian economics](ideologies/austrian-economics.md) philosophy that an idealized [currency](currency.md) should be backed by a finite unchanging supply and fixed supply of a [commodity](commodity.md), or more recently a [cryptoasset](cryptoasset.md).
|
||||
|
||||
See [gold standard](gold-standard.md).
|
||||
|
|
@ -0,0 +1 @@
|
|||
# Staking
|
||||
|
|
@ -1,6 +0,0 @@
|
|||
non-physical commodity with no use value or intrinsic value
|
||||
computation that's strictly worse than what's available but wrapped in narrative
|
||||
narrative-generated asset class
|
||||
commodity fetishism
|
||||
pseudo-commodity
|
||||
fictitious commodity
|
||||
|
|
@ -7,11 +7,13 @@ A acronym or saying that is used within a [high-control-group](high-control-grou
|
|||
Within the crypto ideology there are several thought-terminating cliches.
|
||||
|
||||
* "If you don't believe it or don't get it, I don't have the time to try to convince you"
|
||||
* "we're all going to make" / "wagmi"
|
||||
* "have fun staying poor" / "hfsp"
|
||||
* "hold on for dear life" / "hodl"
|
||||
* "the dollar is a ponzi scheme" / everything is a ponzi"
|
||||
* "now do the dollar"
|
||||
* "FUD"
|
||||
* "few understand"
|
||||
* "bullish"
|
||||
* "to the moon"
|
||||
* "hodl"
|
||||
* "now do the dollar"
|
||||
* "everything is a ponzi"
|
||||
* "diamond hands"
|
||||
|
|
@ -1,5 +1,12 @@
|
|||
# Value
|
||||
|
||||
* [market-value](market-value.md)
|
||||
* [fundamental-value](fundamental-value.md)
|
||||
* [present-value](present-value.md)
|
||||
Value is a subjective concept which refers to the process by which humans measure the worth of physical goods, services or ideas in terms of a fitness function which assigns subjective or objective reality to this measure.
|
||||
|
||||
There are many different types of value definitions.
|
||||
|
||||
* [Market value](market-value.md)
|
||||
* [Fundamental value](fundamental-value.md)
|
||||
* [Present value](present-value.md)
|
||||
* [Sign value](sign-value.md)
|
||||
* [Use value](use-value.md)
|
||||
* [Terminal value](terminal-value.md)
|
||||
|
|
@ -1,2 +1,2 @@
|
|||
# Crypto Wallet
|
||||
An unhosted wallet is a crypto wallet not stored on a [crypto-exchange](crypto-exchange.md) or with a custodial service and whose private key is individually managed by the user.
|
||||
An unhosted wallet is a crypto wallet not stored on a [crypto exchange](crypto-exchange.md) or with a custodial service and whose private key is individually managed by the user.
|
||||
|
|
@ -1,8 +1,11 @@
|
|||
# Web3
|
||||
An umbrella marketing term for a variety of endeavours to integrate [crypto asset](cryptoasset.md), [nft](nft.md), [dao](dao.md), [defi](defi.md) and [smart contracts](smart-contracts.md) into existing web infrastructure.
|
||||
An umbrella marketing term for a variety of endeavours to integrate [crypto assets](cryptoasset.md), [NFTs](nft.md), [DAOs](dao.md), [DeFi](defi.md) and [smart contracts](smart-contracts.md) into existing web infrastructure.
|
||||
|
||||
See: [https://web3isgoinggreat.com](https://web3isgoinggreat.com)
|
||||
Web3 has become an intellectual nexus for many internet "thought leaders" to pontificate about grand visions of technical and financial reconfiguration largely detached from any concrete plans or implementations of these ideas. This may give rise to [bubble](bubble.md) detached from any progress on building real companies or technologies.
|
||||
|
||||
## Citations
|
||||
Web3 has been [criticised](https://www.stephendiehl.com/blog/web3-bullshit.html) as being an intentionally ambiguous buzzword with no precise meaning.
|
||||
|
||||
* [@diehl_web3_nodate]
|
||||
Web3 has also been described as a means of doing [regulatory arbitrage](regulatory-arbitrage.md) on [securites](security.md) offerings to enrich venture capital firms.
|
||||
|
||||
## References
|
||||
* [https://web3isgoinggreat.com](https://web3isgoinggreat.com)
|
||||
|
|
@ -0,0 +1,4 @@
|
|||
# Whale
|
||||
A holder of a signfigant controlling stake in a [crypto asset](cryptoasset.md) who has the ability to influence [price formation](price-formation.md) and corner the market in a specific asset.
|
||||
|
||||
See [market-manipulation](market-manipulation.md).
|
||||
138
guide/index.md
138
guide/index.md
|
|
@ -10,52 +10,61 @@ This page serves as a root from which all other topics branch and can be explore
|
|||
|
||||
Understand the terminology used to describe crypto and web3.
|
||||
|
||||
* [web3](/concepts/web3.md)
|
||||
* [cryptoasset](/concepts/cryptoasset.md)
|
||||
* [bitcoin](/concepts/bitcoin.md)
|
||||
* [ethereum](/concepts/ethereum.md)
|
||||
* [blockchain](/concepts/blockchain.md)
|
||||
* [money](/concepts/money.md)
|
||||
* [sound-money](../concepts/sound-money.md)
|
||||
* [deflationary](../concepts/deflationary.md)
|
||||
* [assets](/concepts/assets.md)
|
||||
* [speculative asset](/concepts/speculation.md)
|
||||
* [crypto-exchange](/concepts/crypto-exchange.md)
|
||||
* [bubble](/concepts/bubble.md)
|
||||
* [dao](/concepts/dao.md)
|
||||
* [private-money](../concepts/private-money.md)
|
||||
* [Web3](/concepts/web3.md)
|
||||
* [Crypto asset](/concepts/cryptoasset.md)
|
||||
* [Bitcoin](/concepts/bitcoin.md)
|
||||
* [Ethereum](/concepts/ethereum.md)
|
||||
* [Blockchain](/concepts/blockchain.md)
|
||||
* [Money](/concepts/money.md)
|
||||
* [NFT](../concepts/nft.md)
|
||||
* [Sound money](../concepts/sound-money.md)
|
||||
* [Deflationary](../concepts/deflationary.md)
|
||||
* [Assets](/concepts/assets.md)
|
||||
* [Apeculative asset](/concepts/speculation.md)
|
||||
* [Crypto-exchange](/concepts/crypto-exchange.md)
|
||||
* [Bubble](/concepts/bubble.md)
|
||||
* [DAO](/concepts/dao.md)
|
||||
* [Private money](../concepts/private-money.md)
|
||||
* [Stablecoin](../concepts/stablecoin.md)
|
||||
* [Regulatory arbitrage](../concepts/regulatory-arbitrage.md)
|
||||
* [Central Bank Digital Currency](../concepts/cbdc.md)
|
||||
|
||||
### Claims
|
||||
|
||||
Explore web3 in terms of the claims of its
|
||||
Explore crypto and web3 in terms of the claims made about it.
|
||||
|
||||
1. [Is bitcoin a currency?](/claims/is-bitcoin-currency.md)
|
||||
2. [What type of asset is a crypto token?](/claims/what-type-of-asset.md)
|
||||
3. [How do we value a crypto token?](/claims/valuation-model.md)
|
||||
4. Are crypto assets a systemic risk to the economy?
|
||||
5. Are cryptoassets are being used to build a new internet?
|
||||
6. [Are crypto tokens a negative-sum investment?](/claims/negative-sum.md)
|
||||
7. Are crypto tokens a predatory investment?
|
||||
8. Is bitcoin the basis for a new gold standard?
|
||||
9. Is bitcoin mining harmful to the environment?
|
||||
10. Are crypto assets a risk to the state?
|
||||
11. [Are crypto assets legal?](/claims/legality.md)
|
||||
12. [Is crypto a solution for the unbanked?](/claims/crypto-unbanked.md)
|
||||
13. What is the narrative economics of crypto assets?
|
||||
14. Is web3 the next generation of the internet?
|
||||
15. Is web3 even a well-defined term?
|
||||
16. [Why does crypto have such a weird subculture?](/claims/weird-culture.md)
|
||||
4. [Are crypto assets a systemic risk to the economy?](../claims/systemic-risk.md)
|
||||
5. [Are crypto tokens a negative-sum investment?](/claims/negative-sum.md)
|
||||
6. [Are crypto tokens a predatory investment?](../claims/predatory-investments.md)
|
||||
7. Is bitcoin the basis for a new gold standard?
|
||||
8. Is bitcoin mining harmful to the environment?
|
||||
9. Are crypto assets a risk to the dollar?
|
||||
10. [Are crypto assets legal?](/claims/legality.md)
|
||||
11. [Is crypto a solution for the unbanked?](/claims/crypto-unbanked.md)
|
||||
12. [What is the narrative economics of crypto assets?](../claims/narrative-economics.md)
|
||||
13. Is web3 the next generation of the internet?
|
||||
14. Is web3 even a well-defined term?
|
||||
15. [Why does crypto have such a weird subculture?](/claims/weird-culture.md)
|
||||
16. Is web3 decentralized?
|
||||
17. Is web3 green?
|
||||
18. Why do people invest in crypto tokens?
|
||||
19. [Are crypto tokens a means to counter authoritarianism?](../claims/authoritarianism.md)
|
||||
20. Are crypto tokens a means to accelerate the collapse of capitalism?
|
||||
21. [Are crypto assets a bubble?](../claims/is-bubble.md)
|
||||
|
||||
## Contextual
|
||||
|
||||
Understand Web3 in terms of recent news events and interviews.
|
||||
Understand crypto and "web3" in terms of recent news events and interviews.
|
||||
|
||||
* [Video Interviews](/guide/interviews)
|
||||
* [Recent News Stories](/notes/recent-events.md)
|
||||
|
||||
## Ideologies
|
||||
|
||||
Understand Web3 in terms of different perspectives on politics and economics.
|
||||
Explore crypto and "web3" in terms of different perspectives on politics and economics.
|
||||
|
||||
* [Market Fundamentalism](../concepts/ideologies/market-fundamentalism.md)
|
||||
* [Financial Nihilism](../concepts/ideologies/financial-nihilism.md)
|
||||
|
|
@ -69,39 +78,54 @@ Understand Web3 in terms of different perspectives on politics and economics.
|
|||
|
||||
## Supporting Concepts
|
||||
|
||||
Explore the deeper theoretical concepts behind the technical and economic claims.
|
||||
Understand the deeper theoretical concepts behind the technical and economic claims.
|
||||
|
||||
**Economics**
|
||||
|
||||
* [artificial-scarcity](/concepts/artificial-scarcity.md)
|
||||
* [asymmetric-information](/concepts/asymmetric-information.md)
|
||||
* [central-banks](/concepts/central-banks.md)
|
||||
* [currency](/concepts/currency.md)
|
||||
* [currency-peg](/concepts/currency-peg.md)
|
||||
* [free-rider-problem](/concepts/free-rider-problem.md)
|
||||
* [gold-standard](/concepts/gold-standard.md)
|
||||
* [market-manipulation](/concepts/market-manipulation.md)
|
||||
* [moral-hazard](/concepts/moral-hazard.md)
|
||||
* [public-goods-problem](/concepts/public-goods-problem.md)
|
||||
* [zero-sum-game](/concepts/zero-sum-game.md)
|
||||
* [Artificial-scarcity](/concepts/artificial-scarcity.md)
|
||||
* [Asymmetric information](/concepts/asymmetric-information.md)
|
||||
* [Central banks](/concepts/central-banks.md)
|
||||
* [Currency](/concepts/currency.md)
|
||||
* [Currency-peg](/concepts/currency-peg.md)
|
||||
* [Free rider problem](/concepts/free-rider-problem.md)
|
||||
* [Gold standard](/concepts/gold-standard.md)
|
||||
* [Market manipulation](/concepts/market-manipulation.md)
|
||||
* [Moral hazard](/concepts/moral-hazard.md)
|
||||
* [Public goods problem](/concepts/public-goods-problem.md)
|
||||
* [Zero-sum game](/concepts/zero-sum-game.md)
|
||||
* [Liquidity](../concepts/liquidity.md)
|
||||
* [Pump and Dump](../concepts/pump-and-dump.md)
|
||||
* [Multilevel Marketing Scheme](../concepts/mlm.md)
|
||||
* [Pyramid Scheme](../concepts/pyramid.md)
|
||||
* [Ponzi Scheme](../concepts/ponzi.md)
|
||||
|
||||
**Technology**
|
||||
|
||||
* [blockchain](/concepts/blockchain.md)
|
||||
* [cryptoasset](/concepts/cryptoasset.md)
|
||||
* [defi](/concepts/defi.md)
|
||||
* [decentralization](/concepts/decentralization.md)
|
||||
* [ico](/concepts/ico.md)
|
||||
* [nft](/concepts/nft.md)
|
||||
* [ransomware](/concepts/ransomware.md)
|
||||
* [smart-contracts](/concepts/smart-contracts.md)
|
||||
* [stablecoin](/concepts/stablecoin.md)
|
||||
* [mining](/concepts/mining.md)
|
||||
* [cbdc](/concepts/cbdc.md)
|
||||
* [Blockchain](/concepts/blockchain.md)
|
||||
* [Cryptoasset](/concepts/cryptoasset.md)
|
||||
* [Crypto Wallet](../concepts/wallet.md)
|
||||
* [Decentralized Finance (DeFi)](/concepts/defi.md)
|
||||
* [Decentralization](/concepts/decentralization.md)
|
||||
* [Initial Coin Offering (ICO)1](/concepts/ico.md)
|
||||
* [Non-fungible token (NFT)](/concepts/nft.md)
|
||||
* [Ransomware](/concepts/ransomware.md)
|
||||
* [Smart contracts](/concepts/smart-contracts.md)
|
||||
* [Stablecoin](/concepts/stablecoin.md)
|
||||
* [Mining](/concepts/mining.md)
|
||||
* [Permissioned blockchain](../concepts/permissioned-blockchain.md)
|
||||
* [Central Bank Digital Currency (CBDC)](/concepts/cbdc.md)
|
||||
* [Automated Market Maker (AMM)](../concepts/amm.md)
|
||||
* [Decentralized Exchange (DEX)](../concepts/dex.md)
|
||||
* [Yield Farming](../concepts/yield-farming.md)
|
||||
|
||||
**Regulation**
|
||||
|
||||
* [security](/concepts/security.md)
|
||||
* [aml](/concepts/aml.md)
|
||||
* [kyc](/concepts/kyc.md)
|
||||
|
||||
* [Securities Framework](/concepts/security.md)
|
||||
* [Anti-money Laundering Law](/concepts/aml.md)
|
||||
* [Know Your Customer Law](/concepts/kyc.md)
|
||||
* [Money Laundering](../concepts/money-laundering.md)
|
||||
* [Regulatory Capture](../concepts/regulatory-capture.md)
|
||||
* [Money Services Business](../concepts/money-services-business.md)
|
||||
* [Deposit Insurance](../concepts/deposit-insurance.md)
|
||||
* [Counter-terrorism Financing](../concepts/ctf.md)
|
||||
* [Illicit Financing](../concepts/illicit-financing.md)
|
||||
|
|
@ -1,29 +1,63 @@
|
|||
# Conceps TODO
|
||||
- [ ] [keynsian-economics](../concepts/ideologies/keynsian-economics.md)
|
||||
- [ ] [libertarianism](../concepts/ideologies/libertarianism.md)
|
||||
- [ ] [market-fundamentalism](../notes/market-fundamentalism.md)
|
||||
- [ ] [marxism](../concepts/ideologies/marxism.md)
|
||||
- [ ] [post-state-technocracy](../concepts/ideologies/post-state-technocracy.md)
|
||||
- [ ] [techno-collectivism](../concepts/ideologies/techno-collectivism.md)
|
||||
- [ ] [technolibertarianism](../concepts/ideologies/technolibertarianism.md)
|
||||
- [x] [libertarianism](../concepts/ideologies/libertarianism.md)
|
||||
- [x] [market-fundamentalism](../notes/market-fundamentalism.md)
|
||||
- [x] [marxism](../concepts/ideologies/marxism.md)
|
||||
- [x] [post-state-technocracy](../concepts/ideologies/post-state-technocracy.md)
|
||||
- [x] [techno-collectivism](../concepts/ideologies/techno-collectivism.md)
|
||||
- [x] [technolibertarianism](../concepts/ideologies/technolibertarianism.md)
|
||||
- [ ] [technosolutionism](../concepts/ideologies/technosolutionism.md)
|
||||
- [ ] [aml](../concepts/aml.md)
|
||||
- [ ] [censorship-resistence](../concepts/censorship-resistence.md)
|
||||
- [ ] [defi](../concepts/defi.md)
|
||||
- [ ] [deflationary](../concepts/deflationary.md)
|
||||
- [ ] [free-rider-problem](../concepts/free-rider-problem.md)
|
||||
- [ ] [inflationary](../concepts/inflationary.md)
|
||||
- [ ] [kyc](../concepts/kyc.md)
|
||||
- [ ] [leverage](../concepts/leverage.md)
|
||||
- [ ] [market-maker](../concepts/market-maker.md)
|
||||
- [ ] [meme-stock](../concepts/meme-stock.md)
|
||||
- [ ] [moral-hazard](../concepts/moral-hazard.md)
|
||||
- [x] [aml](../concepts/aml.md)
|
||||
- [x] [censorship-resistence](../concepts/censorship-resistence.md)
|
||||
- [x] [defi](../concepts/defi.md)
|
||||
- [x] [deflationary](../concepts/deflationary.md)
|
||||
- [x] [free-rider-problem](../concepts/free-rider-problem.md)
|
||||
- [x] [inflationary](../concepts/inflationary.md)
|
||||
- [x] [kyc](../concepts/kyc.md)
|
||||
- [x] [leverage](../concepts/leverage.md)
|
||||
- [x] [market-maker](../concepts/market-maker.md)
|
||||
- [x] [meme-stock](../concepts/meme-stock.md)
|
||||
- [x] [moral-hazard](../concepts/moral-hazard.md)
|
||||
- [ ] [order-book](../concepts/order-book.md)
|
||||
- [ ] [public-goods-problem](../concepts/public-goods-problem.md)
|
||||
- [ ] [regulatory-capture](../concepts/regulatory-capture.md)
|
||||
- [ ] [regulatory-arbitrage](../concepts/regulatory-arbitrage.md)
|
||||
- [ ] [shadow-bank](../concepts/shadow-bank.md)
|
||||
- [x] [public-goods-problem](../concepts/public-goods-problem.md)
|
||||
- [x] [regulatory-capture](../concepts/regulatory-capture.md)
|
||||
- [x] [regulatory-arbitrage](../concepts/regulatory-arbitrage.md)
|
||||
- [x] [shadow-bank](../concepts/shadow-bank.md)
|
||||
- [ ] [terminal-value](../concepts/terminal-value.md)
|
||||
- [ ] [value](../concepts/value.md)
|
||||
- [ ] [wash-trading](../concepts/wash-trading.md)
|
||||
- [ ] [web3](../concepts/web3.md)
|
||||
- [x] [value](../concepts/value.md)
|
||||
- [x] [wash-trading](../concepts/wash-trading.md)
|
||||
- [x] [web3](../concepts/web3.md)
|
||||
|
||||
|
||||
- [ ] [amm](../concepts/amm.md)
|
||||
- [ ] [artificial-scarcity](../concepts/artificial-scarcity.md)
|
||||
- [ ] [assets](../concepts/assets.md)
|
||||
- [ ] [bretton-woods](../concepts/bretton-woods.md)
|
||||
- [ ] [broker](../concepts/broker.md)
|
||||
- [ ] [cd](../concepts/cd.md)
|
||||
- [ ] [commodity](../concepts/commodity.md)
|
||||
- [ ] [counterparty-risk](../concepts/counterparty-risk.md)
|
||||
- [ ] [cross-bridges](../concepts/cross-bridges.md)
|
||||
- [ ] [deposit](../concepts/deposit.md)
|
||||
- [ ] [deposit-insurance](../concepts/deposit-insurance.md)
|
||||
- [ ] [dex](../concepts/dex.md)
|
||||
- [x] [exit-scam](../concepts/exit-scam.md)
|
||||
- [ ] [free-rider-problem](../concepts/free-rider-problem.md)
|
||||
- [ ] [bank](../concepts/bank.md)
|
||||
- [ ] [illicit-financing](../concepts/illicit-financing.md)
|
||||
- [ ] [mixer](../concepts/mixer.md)
|
||||
- [ ] [mining](../concepts/mining.md)
|
||||
- [ ] [money-services-business](../concepts/money-services-business.md)
|
||||
- [ ] [mutualization](../concepts/mutualization.md)
|
||||
- [ ] [narrative-economics](../concepts/narrative-economics.md)
|
||||
- [ ] [order-book](../concepts/order-book.md)
|
||||
- [ ] [platform-risk](../concepts/platform-risk.md)
|
||||
- [ ] [capital-formation](../concepts/capital-formation.md)
|
||||
- [ ] [private-key](../concepts/private-key.md)
|
||||
- [ ] [pyramid-scheme](../concepts/pyramid-scheme.md)
|
||||
- [ ] [mlm](../concepts/mlm.md)
|
||||
- [ ] [rtgs](../concepts/rtgs.md)
|
||||
- [ ] [staking](../concepts/staking.md)
|
||||
- [ ] [systemic-risk](../concepts/systemic-risk.md)
|
||||
- [ ] [yield-farming](../concepts/yield-farming.md)
|
||||
- [ ] [stablecoin](../concepts/stablecoin.md)
|
||||
|
|
@ -1,6 +1,14 @@
|
|||
# Recent Events
|
||||
Sources: https://www.ft.com/cryptocurrencies
|
||||
|
||||
## # NCA calls for regulation of crypto mixers used in ‘churning criminal cash’
|
||||
|
||||
*March 15, 2022*
|
||||
|
||||
https://www.ft.com/content/c6df2b68-a244-4560-9911-88cc1fa61576
|
||||
|
||||
See: [aml](../concepts/aml.md) | [crypto-exchange](../concepts/crypto-exchange.md) | [illicit-financing](../concepts/illicit-financing.md) | [regulatory-arbitrage](../concepts/regulatory-arbitrage.md)
|
||||
|
||||
## White House Is Set to Put Itself at Center of U.S. Crypto Policy
|
||||
|
||||
*March 15, 2022*
|
||||
|
|
@ -19,7 +27,7 @@ See: [web3](../concepts/web3.md) | [speculation](../concepts/speculation.md) | [
|
|||
|
||||
## Crypto exchanges resist calls for ban on Russia transactions
|
||||
|
||||
March 1, 2022
|
||||
*March 1, 2022*
|
||||
|
||||
https://www.ft.com/content/33c79ec2-6d26-4083-9093-2f05c3010536
|
||||
|
||||
|
|
|
|||
|
|
@ -6,7 +6,7 @@ This is an open collaborative project. We already have a variety of partners and
|
|||
|
||||
* Contribute to the [library][], for example by adding articles and research on web3 and background topics.
|
||||
* Write up key concepts and ideas. You can check out our [existing guide][guide] to see which ones could be extended or improved.
|
||||
* See our [concepts-todo](../../meta/concepts-todo.md) task list.
|
||||
* See our [concepts-todo](../../meta/concepts-todo.md) task list for open topics.
|
||||
* Proof edit articles and transcribe dialogs. Please [get in touch][contact] to find out more.
|
||||
|
||||
### If you like coding and designing
|
||||
|
|
|
|||
Loading…
Reference in New Issue