85 lines
6.7 KiB
Markdown
85 lines
6.7 KiB
Markdown
# Awesome critique of crypto / web3
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Awesome critique of crypto / web3 etc. Contributions welcome.
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## General
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* Stephen Diehl series - https://www.stephendiehl.com/blog.html
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* [The Case Against Crypto](https://www.stephendiehl.com/blog/against-crypto.html) - December 31, 2021
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- [Blockchainism](https://www.stephendiehl.com/blog/blockchainism.html) - December 11, 2021
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- [Web3 is Bullshit](https://www.stephendiehl.com/blog/web3-bullshit.html) - December 4, 2021
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- [The Internet's Casino Boats](https://www.stephendiehl.com/blog/casino-boats.html) - December 1, 2021
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- [The Token Disconnect](https://www.stephendiehl.com/blog/disconnect.html) - November 27, 2021
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- [The Handwavy Technobabble Nothingburger](https://www.stephendiehl.com/blog/nothing-burger.html) - November 24, 2021
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- [Ice-Nine for Markets](https://www.stephendiehl.com/blog/ice-nine.html) - November 23, 2021
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- [The Tinkerbell Griftopia](https://www.stephendiehl.com/blog/tinkerbell.html) - November 19, 2021
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- [Decentralized Woo Hoo](https://www.stephendiehl.com/blog/decentralized-woo.html) - November 16, 2021
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- [The Intellectual Incoherence of Cryptoassets](https://www.stephendiehl.com/blog/crypto-absurd.html) - November 7, 2021
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- [On Unintentional Scams](https://www.stephendiehl.com/blog/crypto-scams.html) - July 23, 2021
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- [How to Destroy Bitcoin](https://www.stephendiehl.com/blog/destroy-bitcoin.html) - July 13, 2021
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- [The Non-Innovation of Cryptocurrency](https://www.stephendiehl.com/blog/non-innovation.html) - July 7, 2021
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- [Revolution Now! With Peter Joseph | Bitcoin and Financialization](https://youtu.be/bsghxd1cdeA) - May 21, 2021
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- [The Oncoming Ransomware Storm](https://www.stephendiehl.com/blog/ransomware.html) - May 11, 2021
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- [Et tu, Signal?](https://www.stephendiehl.com/blog/signal.html) - April 7, 2021
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- [The Political Case for a Blanket Cryptocurrency Ban](https://www.stephendiehl.com/blog/banbitcoin.html) - March 30, 2021
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- [Bitcoin: The Postmodern Ponzi](https://www.stephendiehl.com/blog/ponzi.html) - February 27, 2021
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- [The Crypto Chernobyl](https://www.stephendiehl.com/blog/chernobyl.html) - February 10, 2021
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- [Gamestop, Bitcoin and the Commoditization of Populist Rage](https://www.stephendiehl.com/blog/gamestop.html) - February 3, 2021
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* [Today on Sick Sad World: How The Cryptobros Have Fallen](https://www.jwz.org/blog/2022/01/today-on-sick-sad-world-how-the-cryptobros-have-fallen/) - 2022-01-04 by Jamie Zawinski (legendary coder, co-founder of Mozilla etc)
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* https://moxie.org/2022/01/07/web3-first-impressions.html - 2022-01-07 Moxie Marlinspike, co-founder of Signal etc
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* [Technobabble, Libertarian Derp and Bitcoin by Paul Krugman in NY Times](https://nytimes.com/2021/05/20/opinion/cryptocurrency-bitcoin.html) - 2021-05-20
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* [Bitcoin, Currencies, and Fragility by Nassim Taleb - 27 Jun 2021](https://arxiv.org/abs/2106.14204) - highly critical paper by author Black Swan etc.
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* https://watershed.co.uk/studio/news/2021/12/03/case-against-crypto
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* [The European Money and Finance Forum - The encrypted threat: Bitcoin’s social cost and regulatory responses](https://web.archive.org/web/20220107084533/https://www.suerf.org/docx/f_88b3febc5798a734026c82c1012408f5_38771_suerf.pdf) - Jan 2022. A comprehensive study by SUERF - The European Money and Finance Forum that details the net negative effects of bitcoin to society.
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* [The Third Web](https://tante.cc/2021/12/17/the-third-web/) - 2021-12-17 - long critical essay including detailed history by [Tante](https://twitter.com/tante)
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* https://rufuspollock.com/2016/07/02/reflections-on-the-blockchain/ - 2016-07-02 - by Rufus Pollock (mainly a critique of early DAOs and techno-solutionism)
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* [Web3 takes trust, too](https://www.bloomberg.com/opinion/articles/2022-01-10/web3-takes-trust-too) - 2021-01-10 by Matt Levine on Bloomberg.com
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* [The Web3 Fraud](https://www.usenix.org/publications/loginonline/web3-fraud) - 2021-12-16 by Nicholas Weaver on usenix.com
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* Molly White series - https://blog.mollywhite.net/blockchain/
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* [Blockchain-based systems are not what they say they are](https://blog.mollywhite.net/blockchains-are-not-what-they-say/)
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### Ponzi Aspect
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* [Financial Times: Why bitcoin is worse than a Madoff-style Ponzi scheme](https://web.archive.org/web/20220113183816/https://www.reddit.com/r/CryptoReality/comments/rm78e3/financial_times_why_bitcoin_is_worse_than_a/) - 2021-12-22. A Ponzi scheme is a zero-sum enterprise. But bitcoin is a negative-sum phenomenon that you can’t even pursue a claim against, argues Robert McCauley. [Original](https://ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0)
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* https://seattletimes.com/opinion/bitcoin-is-basically-a-ponzi-scheme/
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* https://ic.unicamp.br/~stolfi/bitcoin/2020-12-31-bitcoin-ponzi.html
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### Bitcoin and Energy Consumption
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* https://digiconomist.net/bitcoin-energy-consumption
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* https://newyorker.com/news/daily-comment/why-bitcoin-is-bad-for-the-environment
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## Scams / Frauds
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* [People Building ‘Blockchain City’ in Wyoming Scammed by Hackers - Vice](https://www.vice.com/en/article/k7w3am/people-building-blockchain-city-in-wyoming-scammed-by-hackers) - - 2022-01-12 - On Monday, CityDAO—the group that bought 40 acres of Wyoming in hopes of "building a city on the Ethereum blockchain”—announced that its Discord server was hacked and members' funds were successfully stolen as a result.
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* [Web3 is going just great](https://web3isgoinggreat.com/) - A timeline of scams related to cryptocurrencies, NFTs, and web3 projects since the beginning of 2021 by Molly White
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## Critical views of specific use cases
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* Event ticketing: [NFT tickets — a realistic look at a big trend](https://medium.com/@ticketpark/nft-tickets-a-realistic-look-at-a-big-trend-ae813d6f885d) – 2021-12-14
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## Twitter Users
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Whilst these users may not solely discuss crypto or Web3, they do discuss it regularly, and have consistently provided objective, reasonable criticism.
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* https://twitter.com/ncweaver/
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* https://twitter.com/molly0xFFF
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## Tether (and Stablecoins)
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## What is blockchain / web3 etc
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Best intros / overviews of blockchain, crypto, web3 etc.
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* [There's No Good Reason to Trust Blockchain Technology](https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/) - June 2, 2019 by Bruce Schneier
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- [The Myth of Decentralization and Lies about Web 2.0](https://www.emilygorcenski.com/post/the-myth-of-decentralization-and-lies-about-web-2.0/) - 2022-01-07 by Emily Gorcenski
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## Iron-manning the pro arguments
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Here we collect the best theses for why this is important / interesting / will change the world.
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## Inbox
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* https://the-crypto-syllabus.com/web3-a-map-in-search-of-territory/ - Jan 2022 - by Evgeny Morozov
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* [Vivaldi CEO: Why Vivaldi will never create ThinkCoin](https://vivaldi.com/blog/why-vivaldi-will-never-create-thinkcoin/) - 2022-01-13
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