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@ -129,6 +129,17 @@ Rufus and Stephen end their conversation with an analysis of the market fundamen
* This is great if you're inside the cartel. Not so great if you arent.
* Wealth transfer from public to insiders is all but guaranteed by the information [asymmetry](../concepts/asymmetric-information.md).
## Related Content
## Deep Dives and Notes
* [A Macroeconomics Perspective on Cryptocurrencies ](/notes/a-macroeconomics-perspective-on-cryptocurrencies)
* [Shri T Rabi Sankar. Cryptocurrencies An Assessment ](/notes/cryptocurrencies-an-assessment)
* [Examples Of Retail Investors Speculating ](/notes/examples-of-ordinary-people-speculating)
* [Crypto: can these financial perpetual motion machines work?](/notes/financial-perpetual-motion-machine)
* [Notes on Dan Olson's 'Line Goes Up'](/notes/olson-2022-line-go-up)
* [Bindseil, Ulrich. et al. The encrypted threat: Bitcoins social cost and regulatory responses](/notes/the-encrypted-threat)
## Concepts Covered
* [artificial-scarcity](../concepts/artificial-scarcity.md)
* [assets](../concepts/assets.md)
@ -164,6 +175,22 @@ Rufus and Stephen end their conversation with an analysis of the market fundamen
* [wash-trading](../concepts/wash-trading.md)
* [zero-sum-game](../concepts/zero-sum-game.md)
### FAQs
* [Is Bitcoin a currency?](/claims/is-bitcoin-currency)
* [Is crypto legal?](/claims/is-legal)
* [Is bitcoin compatible with ESG investing?](/claims/is-bitcoin-esg)
* [Why do people invest in crypto tokens?](/claims/is-why-invest)
* [Are crypto tokens a negative-sum investment?](/claims/is-negative-sum)
* [Are crypto assets a bubble?](/claims/is-bubble)
* [Do crypto assets have a verifiable valuation model?](/claims/is-valuation-model)
* [Are crypto assets a form of gambling?](/claims/is-gambling)
* [What is the narrative economics of crypto assets?](/claims/is-narrative-economics)
* [What consumer protections exist for crypto assets?](/claims/is-consumer-protections)
* [Are crypto assets predatory investments?](/claims/is-predatory)
* [Are crypto assets a systemic risk to the economy?](/claims/is-systemic-risk)
## References
1. Janeway, William H. Doing capitalism in the innovation economy: Markets, speculation and the state. Cambridge University Press, 2012.
1. Fama, Eugene F. "Efficient capital markets: A review of theory and empirical work." The journal of Finance 25, no. 2 (1970): 383-417.