# Introduction ## What This Is This initiative is an exploration of the ideations of crypto and "web3" and its constituent technologies, aspirations and economics. The concept of [web3](/concepts/web3.md) is a fuzzy term often accused of being a buzzword that can be hard to make sense of, this initiative aims to address the misunderstands and shed a light on basic macroeconomics and technology for those tasked with doing sense-making for the public. This page serves as a root from which all other topics branch and can be explored. ## Key Concepts Understand the terminology used to describe crypto and web3. * [web3](/concepts/web3.md) * [cryptoasset](/concepts/cryptoasset.md) * [bitcoin](/concepts/bitcoin.md) * [ethereum](/concepts/ethereum.md) * [blockchain](/concepts/blockchain.md) * [currency](/concepts/currency.md) * [assets](/concepts/assets.md) * [speculative asset](/concepts/speculation.md) * [crypto-exchange](/concepts/crypto-exchange.md) * [bubble](/concepts/bubble.md) * [dao](/concepts/dao.md) ### Claims 1. [Is bitcoin a currency?](/claims/is-bitcoin-currency.md) 2. [What type of asset is a crypto token?](/claims/what-type-of-asset.md) 3. [How do we value a crypto token?](/claims/valuation-model.md) 4. Are crypto assets a systemic risk to the economy? 5. Are cryptoassets are being used to build a new internet? 6. Are crypto tokens a negative-sum investment? 7. Are crypto tokens a predatory investment? 8. Is bitcoin the basis for a new gold standard? 9. Is bitcoin mining harmful to the environment? 10. Are crypto assets a risk to the state? 11. Are crypto assets legal? 12. Is crypto a solution for the unbanked? 13. What is the narrative economics of crypto assets? ## Contextual Understand Web3 in terms of recent news events and interviews. * [interviews](interviews) * [claims](claims.md) * [recent-events](recent-events.md) ## Idealogies * [market-fundamentalism](/ideologies/market-fundamentalism.md) * [austrian-economics](/ideologies/austrian-economics.md) * [libertarianism](/idelogies/libertarianism.md) * [technosolutionism](/ideologies/technosolutionism.md) * [keynsian-economics](/ideologies/keynsian-economics.md) ## Supporting Concepts Explore the deeper theoretical concepts behind the technical and economic claims. **Economics** * [artificial-scarcity](artificial-scarcity.md) * [asymmetric-information](asymmetric-information.md) * [central-banks](central-banks.md) * [currency](currency.md) * [currency-peg](currency-peg.md) * [free-rider-problem](free-rider-problem.md) * [gold-standard](gold-standard.md) * [market-manipulation](market-manipulation.md) * [moral-hazard](moral-hazard.md) * [public-goods-problem](public-goods-problem.md) * [zero-sum-game](zero-sum-game.md) **Technology** * [blockchain](blockchain.md) * [cryptoasset](cryptoasset.md) * [defi](defi.md) * [decentralization](decentralization.md) * [ico](ico.md) * [nft](nft.md) * [ransomware](ransomware.md) * [smart-contracts](smart-contracts.md) * [stablecoin](stablecoin.md) * [mining](mining.md) * [cbdc](cbdc.md) **Regulation** * [security](security.md) * [aml](aml.md) * [kyc](kyc.md)