Add gold asset description as well
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Gold is a precious metal sometimes used as investment and historically as coinage for [currency](currency.md).
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Gold is a precious metal sometimes used as investment and historically as coinage for [currency](currency.md).
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## Properties
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## Properties
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Gold is not a [currency](currency.md).
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Gold is a [speculative](speculation.md) investment.
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Gold is a [speculative](speculation.md) investment.
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Gold has no [fundamental value](fundamental-value.md).
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Gold has no [fundamental value](fundamental-value.md).
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# Financial Nihilism
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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 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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A philosophy on investing and markets in which [value](../value.md) does not exist or is inherently unknowable. The claims of this ideology stems from an underlying belief that [markets](../market.md) have no purpose and cannot or does not exist to do [price formation](../price-formation.md) on [assets](../assets.md) because of a belief that[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 [meme coin](../memecoin.md) projects such as [dogecoin](../dogecoin.md).
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This is a belief system held by some who participate in [meme stock](../meme-stock.md) and [meme coin](../memecoin.md) projects.
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### Claims
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### Claims
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Explore crypto and "web3" in terms of the claims made about it.
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Explore crypto and "web3" in terms of the claims made about it. These subclaims fall into six categories about different aspects of either technical, financial or political reconfiguration projects.
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**Better Economy**
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**Better Economy**
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### Setup
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### Setup
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Set up Zotero
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Set up Zotero:
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* Create an account at zotero.org if you haven't already.
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* Create an account at zotero.org if you haven't already.
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* Install the Zotero Connector browser extension from: https://www.zotero.org/download/
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* Install the Zotero Connector browser extension from: https://www.zotero.org/download/
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