Fix typo on contribution page

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sdiehl 2022-03-17 07:30:48 +00:00
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# Crypto is not decentralized

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@ -24,20 +24,20 @@ Bitcoin is a [greater-fool-theory](greater-fool-theory.md) asset.
Bitcoin is a form of [gambling](gambling.md).
Bitcoin is a non-productive investment.s
Bitcoin is a [non-productive](productive-asset.md) investment.
Bitcoin has a negative [expected-return](expected-return.md).
Bitcoin has a negative [expected return](expected-return.md).
Bitcoin is a [security](security.md).
Bitcoin is allegedly a [sound-money](sound-money.md) in the [austrian-economics](ideologies/austrian-economics.md) school of thought.
Bitcoin is allegedly a [sound money](sound-money.md) in the [Austrian economics](ideologies/austrian-economics.md) school of thought.
Bitcoin is a [bubble](bubble.md).
Bitcoin investing is a [zero-sum-game](zero-sum-game.md).
Bitcoin investing is a [negative-sum game](zero-sum-game.md).
Bitcoin has a [narrative-economics](../claims/narrative-economics.md) based on [libertarianism](ideologies/libertarianism.md), [regulatory-arbitrage](regulatory-arbitrage.md) and aspirations towards [private-money](private-money.md).
Bitcoin has a [narrative economics](../claims/narrative-economics.md) based on [libertarianism](ideologies/libertarianism.md), [regulatory arbitrage](regulatory-arbitrage.md) and aspirations of [private money](private-money.md).
Bitcoin shares a payout structure similar to a [ponzi-scheme](ponzi-scheme.md).
Bitcoin shares a payout structure similar to a [ponzi scheme](ponzi-scheme.md).
Bitcoin is based on an environmentally destructive [consensus algorithm](consensus-algorithm.md) known as Proof of Work [mining](mining.md).

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@ -38,7 +38,7 @@ Dogecoin is a [bubble](bubble.md).
Dogecoin investing is a [zero-sum-game](zero-sum-game.md).
Dogecoin 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 towards [private-money](private-money.md).
Dogecoin has a [narrative-economics](../claims/narrative-economics.md) based on financial nihilism.
Dogecoin shares a payout structure similar to a [ponzi-scheme](ponzi-scheme.md).

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# Ethereum
Ethereum is a [cryptoasset](cryptoasset.md) that extends the [bitcoin](bitcoin.md) model to allow the execution of [smart-contracts](smart-contracts.md).
Ethereum is a [cryptoasset](cryptoasset.md) that extends the [bitcoin](bitcoin.md) model to allow the execution of [smart contracts](smart-contracts.md).
## Properties
@ -10,7 +10,7 @@ Ethereum is a [speculative](speculation.md) investment.
Ethereum is [deflationary](deflationary.md).
Ethereum has no [fundamental-value](fundamental-value.md).
Ethereum has no [fundamental value](fundamental-value.md).
Ethereum has no [use-value](use-value.md).
@ -24,7 +24,7 @@ Ethereum is a [greater-fool-theory](greater-fool-theory.md) asset.
Ethereum is a form of [gambling](gambling.md).
Ethereum is a non-productive investment.
Ethereum is a [non-productive](productive-asset.md) investment.
Ethereum has a negative [expected-return](expected-return.md).
@ -32,10 +32,10 @@ Ethereum is a [security](security.md).
Ethereum is a [bubble](bubble.md).
Ethereum investing is a [zero-sum-game](zero-sum-game.md).
Ethereum investing is a [negative-sum game](zero-sum-game.md).
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 towards [private-money](private-money.md).
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).
Ethereum shares a payout structure similar to a [ponzi-scheme](ponzi-scheme.md).
Ethereum shares a payout structure similar to a [Ponzi scheme](ponzi-scheme.md).
Ethereum is based on an environmentally destructive [consensus algorithm](consensus-algorithm.md) known as Proof of Work [mining](mining.md).

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# Capitalism

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# Financial Nihilism
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.
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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# Marxism

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@ -57,11 +57,15 @@ Understand Web3 in terms of recent news events and interviews.
Understand Web3 in terms of different perspectives on politics and economics.
* [market-fundamentalism](../concepts/ideologies/market-fundamentalism.md)
* [austrian-economics](../concepts/ideologies/austrian-economics.md)
* [libertarianism](../concepts//idelogies/libertarianism.md)
* [technosolutionism](../concepts/ideologies/technosolutionism.md)
* [keynsian-economics](../concepts/ideologies/keynsian-economics.md)
* [Market Fundamentalism](../concepts/ideologies/market-fundamentalism.md)
* [Financial Nihilism](../concepts/ideologies/financial-nihilism.md)
* [Austrian Economics](../concepts/ideologies/austrian-economics.md)
* [Libertarianism](../concepts//idelogies/libertarianism.md)
* [Technolibertarianism](../concepts//idelogies/technolibertarianism.md)
* [Technosolutionism](../concepts/ideologies/technosolutionism.md)
* [Keynsian Economics](../concepts/ideologies/keynsian-economics.md)
* [Post State Technocracy](../concepts/ideologies/post-state-technocracy.md)
* [Accelerationism](../concepts/ideologies/accelerationism.md)
## Supporting Concepts

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@ -6,6 +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.
* Proof edit articles and transcribe dialogs. Please [get in touch][contact] to find out more.
### If you like coding and designing

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@ -10,7 +10,7 @@ https://www.zotero.org/groups/4600269/web3/library
## Contribute to the Library
One of the ways to participate in the project is to contribute to the library. The following providese guidance on how you can contribute.
One of the ways to participate in the project is to contribute to the library. The following provides guidance on how you can contribute.
### Setup