5.8 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 misunderstandings 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
- Crypto asset
- Bitcoin
- Ethereum
- Blockchain
- Money
- NFT
- Sound money
- Deflationary
- Assets
- Apeculative asset
- Crypto-exchange
- Bubble
- DAO
- Private money
- Stablecoin
- Regulatory arbitrage
- Central Bank Digital Currency
Claims
Explore crypto and web3 in terms of the claims made about it.
- 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 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 dollar?
- Are crypto assets legal?
- Is crypto a solution for the unbanked?
- What is the narrative economics of crypto assets?
- Is web3 the next generation of the internet?
- Is web3 even a well-defined term?
- Why does crypto have such a weird subculture?
- Is web3 decentralized?
- Is web3 green?
- Why do people invest in crypto tokens?
- Are crypto tokens a means to counter authoritarianism?
- Are crypto tokens a means to accelerate the collapse of capitalism?
- Are crypto assets a bubble?
Contextual
Understand crypto and "web3" in terms of recent news events and interviews.
Ideologies
Explore crypto and "web3" in terms of different perspectives on politics and economics.
- Market Fundamentalism
- Financial Nihilism
- Austrian Economics
- Libertarianism
- Technolibertarianism
- Technosolutionism
- Keynsian Economics
- Post State Technocracy
- Accelerationism
Supporting Concepts
Understand 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
- Liquidity
- Pump and Dump
- Multilevel Marketing Scheme
- Pyramid Scheme
- Ponzi Scheme
Technology
- Blockchain
- Cryptoasset
- Crypto Wallet
- Decentralized Finance (DeFi)
- Decentralization
- Initial Coin Offering (ICO)1
- Non-fungible token (NFT)
- Ransomware
- Smart contracts
- Stablecoin
- Mining
- Permissioned blockchain
- Central Bank Digital Currency (CBDC)
- Automated Market Maker (AMM)
- Decentralized Exchange (DEX)
- Yield Farming
Regulation