diff --git a/claims/crypto-decentralized.md b/claims/crypto-decentralized.md new file mode 100644 index 0000000..a34284a --- /dev/null +++ b/claims/crypto-decentralized.md @@ -0,0 +1,2 @@ +# Crypto is not decentralized + diff --git a/concepts/bitcoin.md b/concepts/bitcoin.md index 0a488f6..cc0cce8 100644 --- a/concepts/bitcoin.md +++ b/concepts/bitcoin.md @@ -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). \ No newline at end of file diff --git a/concepts/dogecoin.md b/concepts/dogecoin.md index b844853..217f5d7 100644 --- a/concepts/dogecoin.md +++ b/concepts/dogecoin.md @@ -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). diff --git a/concepts/ethereum.md b/concepts/ethereum.md index 766a7b2..025c690 100644 --- a/concepts/ethereum.md +++ b/concepts/ethereum.md @@ -1,6 +1,6 @@ # 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). \ No newline at end of file diff --git a/concepts/ideologies/capitalism.md b/concepts/ideologies/capitalism.md new file mode 100644 index 0000000..22df4e8 --- /dev/null +++ b/concepts/ideologies/capitalism.md @@ -0,0 +1 @@ +# Capitalism diff --git a/concepts/ideologies/financial-nihilism.md b/concepts/ideologies/financial-nihilism.md new file mode 100644 index 0000000..fe11ed1 --- /dev/null +++ b/concepts/ideologies/financial-nihilism.md @@ -0,0 +1,4 @@ +# 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). \ No newline at end of file diff --git a/concepts/ideologies/marxism.md b/concepts/ideologies/marxism.md new file mode 100644 index 0000000..0e46ef4 --- /dev/null +++ b/concepts/ideologies/marxism.md @@ -0,0 +1,2 @@ +# Marxism + diff --git a/guide/index.md b/guide/index.md index 69516c0..691c750 100644 --- a/guide/index.md +++ b/guide/index.md @@ -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 diff --git a/site/pages/contribute.md b/site/pages/contribute.md index 12c1554..dae3328 100644 --- a/site/pages/contribute.md +++ b/site/pages/contribute.md @@ -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 diff --git a/site/pages/library.md b/site/pages/library.md index a3c676a..bd5a26c 100644 --- a/site/pages/library.md +++ b/site/pages/library.md @@ -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