3.3 KiB
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 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. Our methodology aims to create a balanced and moderate perspective that incorporates ideas from conventional macroeconomics, political economy and computer science.
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
- cryptoasset
- bitcoin
- ethereum
- blockchain
- currency
- assets
- speculative asset
- crypto-exchange
- bubble
- dao
Claims
- Is bitcoin a currency?
- What type of asset is a crypto token?
- How do we value a crypto token?
- Are crypto assets a systemic risk to the economy?
- Are cryptoassets are being used to build a new internet?
- Are crypto tokens a negative-sum investment?
- Are crypto tokens a predatory investment?
- Is bitcoin the basis for a new gold standard?
- Is bitcoin mining harmful to the environment?
- Are crypto assets a risk to the state?
- Are crypto assets legal?
- Is crypto a solution for the unbanked?
- What is the narrative economics of crypto assets?
Contextual
Understand Web3 in terms of recent news events and interviews.
Idealogies
Supporting Concepts
Explore the deeper theoretical concepts behind the technical and economic claims.
Economics
- artificial-scarcity
- asymmetric-information
- central-banks
- currency
- currency-peg
- free-rider-problem
- gold-standard
- market-manipulation
- moral-hazard
- public-goods-problem
- zero-sum-game
Technology
- blockchain
- cryptoasset
- defi
- decentralization
- ico
- nft
- ransomware
- smart-contracts
- stablecoin
- mining
- cbdc
Regulation