From bd6e9054e3e695feef58f94dcee3657a0d3a0555 Mon Sep 17 00:00:00 2001 From: EilidhRoss1 <98904290+EilidhRoss1@users.noreply.github.com> Date: Mon, 14 Mar 2022 16:51:14 +0000 Subject: [PATCH 1/2] Update website-v0.1.md --- meta/projects/website-v0.1.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/meta/projects/website-v0.1.md b/meta/projects/website-v0.1.md index 08d8edb..62b222d 100644 --- a/meta/projects/website-v0.1.md +++ b/meta/projects/website-v0.1.md @@ -56,7 +56,7 @@ Bonus * [x] Guide section * [ ] Needs longer text * [x] Library section - * [ ] Image needs changing + * [ ] Image needs changing. **[new image link](https://res.cloudinary.com/ds7qslkd0/image/upload/v1646739680/Web3/undraw_bibliophile_re_xarc_ssxnqe.svg )** * [ ] Why the project * [ ] Get involved (front page) @@ -71,7 +71,7 @@ Acceptance Tasks -* [ ] Basic text for library page e.g. what, etc +* [x] Basic text for library page e.g. what, etc **✅ Eilidh written. Can be found [here](https://docs.google.com/document/d/1CtQ5KsdicM_d4oI-Px7DZRls6OwxeBozVO3vgiXw7m8/edit#)** * [ ] Link or embed the full library ### Guide @@ -126,4 +126,4 @@ plan of content https://coggle.it/diagram/YidoEewvuAnxT9LA/t/web3-crypto-guide-t * How nice to we make this look **✅ To start with can be very basic ... and we'd like to make it look good** * What's the vibe? **✅ Friendly, yet authoritative/rigorous. It will be content heavy not many images ...** -* Where can we find inspiration? **🏃‍♂️ Look at https://www.awwwards.com/websites/tailwind/, dribble, https://www.lapa.ninja** \ No newline at end of file +* Where can we find inspiration? **🏃‍♂️ Look at https://www.awwwards.com/websites/tailwind/, dribble, https://www.lapa.ninja** From 08e1265bb0b088626acb12e4df30e7c1608486bd Mon Sep 17 00:00:00 2001 From: sdiehl Date: Mon, 14 Mar 2022 15:21:45 +0000 Subject: [PATCH 2/2] Expand wiki. --- claims/environmental-footprint.md | 2 +- claims/is-bitcoin-currency.md | 2 +- claims/legality.md | 2 +- claims/negative-sum.md | 2 +- claims/new-gold.md | 2 ++ claims/predatory-investments.md | 2 +- claims/risk-to-state.md | 2 +- claims/systemic-risk.md | 2 +- claims/valuation-model.md | 2 +- concepts/assets.md | 2 +- concepts/cryptoasset.md | 2 +- concepts/meme-stock.md | 3 +++ concepts/ponzi-scheme.md | 2 +- concepts/systemic-risk.md | 7 +++++++ concepts/thought-terminating-cliches.md | 5 +++-- concepts/use-value.md | 2 +- ideologies/austrian-economics.md | 2 +- ideologies/technolibertarianism.md | 3 +++ ideologies/technosolutionism.md | 2 +- streams/episode-1.md | 13 +++++++++++-- streams/episode-2.md | 7 +++++++ 21 files changed, 50 insertions(+), 18 deletions(-) create mode 100644 claims/new-gold.md create mode 100644 concepts/meme-stock.md create mode 100644 concepts/systemic-risk.md create mode 100644 ideologies/technolibertarianism.md diff --git a/claims/environmental-footprint.md b/claims/environmental-footprint.md index 95fe1b0..f9a68bd 100644 --- a/claims/environmental-footprint.md +++ b/claims/environmental-footprint.md @@ -1 +1 @@ -# Is Proof of Work Harmful to the Environment? +# Proof of Work Mining is Harmful to the Environment diff --git a/claims/is-bitcoin-currency.md b/claims/is-bitcoin-currency.md index 702225a..b86adfc 100644 --- a/claims/is-bitcoin-currency.md +++ b/claims/is-bitcoin-currency.md @@ -1,2 +1,2 @@ -# Can Bitcoin function as a currency? +# Bitcoin can funtion as a currency diff --git a/claims/legality.md b/claims/legality.md index 9032672..aef6415 100644 --- a/claims/legality.md +++ b/claims/legality.md @@ -1 +1 @@ -# Are crypto assets legal? +# Crypto assets are legal diff --git a/claims/negative-sum.md b/claims/negative-sum.md index 6bfdce4..bdc4b73 100644 --- a/claims/negative-sum.md +++ b/claims/negative-sum.md @@ -1 +1 @@ -# Are crypto investments negative-sum games? +# Investing in crypto assets is a negative-sum game diff --git a/claims/new-gold.md b/claims/new-gold.md new file mode 100644 index 0000000..73b8830 --- /dev/null +++ b/claims/new-gold.md @@ -0,0 +1,2 @@ +# Bitcoin is the basis for a new gold standard + diff --git a/claims/predatory-investments.md b/claims/predatory-investments.md index 12de2be..69bfb0d 100644 --- a/claims/predatory-investments.md +++ b/claims/predatory-investments.md @@ -1,2 +1,2 @@ -# Are Crypto Assets Predatory Investments? +# Crypto assets are predatory investments diff --git a/claims/risk-to-state.md b/claims/risk-to-state.md index e306c2d..5bca464 100644 --- a/claims/risk-to-state.md +++ b/claims/risk-to-state.md @@ -1 +1 @@ -# Are crypto assets a risk to the state? +# Crypto assets pose a risk to the state diff --git a/claims/systemic-risk.md b/claims/systemic-risk.md index b923942..2db89b4 100644 --- a/claims/systemic-risk.md +++ b/claims/systemic-risk.md @@ -1 +1 @@ -# Are crypto assets a systemic risk to the economy? +# Crypto assets pose systemic risk to the larger economy diff --git a/claims/valuation-model.md b/claims/valuation-model.md index a6fe12e..8418390 100644 --- a/claims/valuation-model.md +++ b/claims/valuation-model.md @@ -1,3 +1,3 @@ -# How do we value a crypto token? +# Crypto tokens have a verifiable valuation model [fundamental-value](../concepts/fundamental-value.md) diff --git a/concepts/assets.md b/concepts/assets.md index 84fdbaf..f6f0918 100644 --- a/concepts/assets.md +++ b/concepts/assets.md @@ -5,7 +5,7 @@ Comparison of different asset classes. | | Monetary | Deflationary | Use Value | Fundamental Value | Income | Productive | Security | Speculative | | --------- | ----- | ------------ | --------- | ----------------- | ------ | ---------- | -------- | ----------- | -| Currency | ✔️ | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ +| Currency | ✔️ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | Stock | ❌ | ❌ | ❌ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | Bond | ❌ | ❌ | ❌ | ✔️ | ✔️ | ❌ | ✔️ | ❌ | Bitcoin | ❌ | ✔️ | ❌ | ❌ | ❌ | ❌ | ✔️ | ✔️ diff --git a/concepts/cryptoasset.md b/concepts/cryptoasset.md index cfdb638..81c2bf8 100644 --- a/concepts/cryptoasset.md +++ b/concepts/cryptoasset.md @@ -2,7 +2,7 @@ A digital asset that is traded on a [blockchain](blockchain.md). -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 pure manifestation of the [greater-fool-theory](greater-fool-theory.md). +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). ## Examples diff --git a/concepts/meme-stock.md b/concepts/meme-stock.md new file mode 100644 index 0000000..a8f6583 --- /dev/null +++ b/concepts/meme-stock.md @@ -0,0 +1,3 @@ +# 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). \ No newline at end of file diff --git a/concepts/ponzi-scheme.md b/concepts/ponzi-scheme.md index 0d1d8b9..15e1ed4 100644 --- a/concepts/ponzi-scheme.md +++ b/concepts/ponzi-scheme.md @@ -2,7 +2,7 @@ A type of investment fraud in which old investors are paid out from an influx of new investors. These type of schemes are ultimately unsustainable and are destined to collapse when outflows exceed inflows or the operators abscond with the funds. -Economists often refer to [crypto asset](cryptoasset.md) as obscured Ponzi schemes. +[Crypto asset](cryptoasset.md) are often referred to as obscured or self-organizing Ponzi schemes. ## References diff --git a/concepts/systemic-risk.md b/concepts/systemic-risk.md new file mode 100644 index 0000000..e28a1ec --- /dev/null +++ b/concepts/systemic-risk.md @@ -0,0 +1,7 @@ +# Systemic Risk + +Systemic risk is the possibility that an event in a single asset or company could trigger severe instability or collapse an entire industry or economy. + +Assets considered to be a systemic risk are called "too big to fail". + +Systemic risk and was a major contributor to the subprime mortgage crisis crisis of 2008. \ No newline at end of file diff --git a/concepts/thought-terminating-cliches.md b/concepts/thought-terminating-cliches.md index c607ea3..a62a74c 100644 --- a/concepts/thought-terminating-cliches.md +++ b/concepts/thought-terminating-cliches.md @@ -6,11 +6,12 @@ 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. -* "fud" +* "If you don't believe it or don't get it, I don't have the time to try to convince you" +* "FUD" +* "few understand" * "bullish" * "to the moon" * "hodl" -* "few understand" * "now do the dollar" * "everything is a ponzi" * "diamond hands" \ No newline at end of file diff --git a/concepts/use-value.md b/concepts/use-value.md index d6cbf44..fdc24ee 100644 --- a/concepts/use-value.md +++ b/concepts/use-value.md @@ -1,5 +1,5 @@ # Use Value -The feature of an asset which can satisfy some human requirement, want or need, or which serves a useful purpose. +*Use value* or *intrinsic value* is a feature of an asset which can satisfy some human requirement, want or need, or which serves a useful purpose. For example the use value of wheat is the ability to produce flour and bread which can provide sustenance and satisfy human hunger and need for sustenance. \ No newline at end of file diff --git a/ideologies/austrian-economics.md b/ideologies/austrian-economics.md index 759bd77..306e5ba 100644 --- a/ideologies/austrian-economics.md +++ b/ideologies/austrian-economics.md @@ -8,7 +8,7 @@ Often resonates with advocacy for the [gold-standard](../concepts/gold-standard. ## Prominent Thinkers -* Murry Rothbard +* Murry Rothbards * Ludwig von Mises * Friedrich Hayek * Saifedean Ammous diff --git a/ideologies/technolibertarianism.md b/ideologies/technolibertarianism.md new file mode 100644 index 0000000..973c6c1 --- /dev/null +++ b/ideologies/technolibertarianism.md @@ -0,0 +1,3 @@ +# Technolibertarianism + + \ No newline at end of file diff --git a/ideologies/technosolutionism.md b/ideologies/technosolutionism.md index 98670d8..d76c68b 100644 --- a/ideologies/technosolutionism.md +++ b/ideologies/technosolutionism.md @@ -1,2 +1,2 @@ -## Technosolutionism +# Technosolutionism diff --git a/streams/episode-1.md b/streams/episode-1.md index 8d8d6ea..3dab6ea 100644 --- a/streams/episode-1.md +++ b/streams/episode-1.md @@ -2,7 +2,12 @@ -In Episode 1 of the series, Rufus Pollock and Stephen Diehl discuss the Neo-Metallist perspective on bitcoin and the concept of "digital" gold. + +In Episode 1 of the series, Rufus Pollock and Stephen Diehl discuss the neo-metallist perspective on bitcoin and the concept of "digital" gold. + +## Topic + +[new-gold](../claims/new-gold.md) ## Concepts Covered @@ -24,10 +29,14 @@ In Episode 1 of the series, Rufus Pollock and Stephen Diehl discuss the Neo-Meta * [value](../concepts/value.md) * [zero-sum-game](../concepts/zero-sum-game.md) +## Summary +#todo + ## References 1. [@taleb_bitcoin_2021-1] 2. [@arnosti_bitcoin_2022] 3. [@golumbia_bitcoin_2015] 4. [@caferra_bitcoin_2021] -5. [@qin_bitcoins_2020] \ No newline at end of file +5. [@qin_bitcoins_2020] +6. [@bernanke_essays_2004] \ No newline at end of file diff --git a/streams/episode-2.md b/streams/episode-2.md index c6381ff..ee70f73 100644 --- a/streams/episode-2.md +++ b/streams/episode-2.md @@ -5,6 +5,10 @@ In Episode 2 of the series, Rufus Pollock and Stephen Diehl discuss the market fundamentalism perspective on crypto assets and the perspective on crypto assets from the perspective of day traders to quantitative hedge funds. +## Topic + +[market-fundamentalism](../ideologies/market-fundamentalism.md) + ## Concepts Covered * [artificial-scarcity](../concepts/artificial-scarcity.md) @@ -40,6 +44,9 @@ In Episode 2 of the series, Rufus Pollock and Stephen Diehl discuss the market f * [wash-trading](../concepts/wash-trading.md) * [zero-sum-game](../concepts/zero-sum-game.md) +## Summary +#todo + ## References 1. [@akerlof_market_1978]