Bitcoin’s Game Theory Is Not Cut And Dried
The often-cited idea is misunderstood in the context of how the world interacts with Bitcoin as a whole.Game theory is the science concerning the systematizing of strategic conflict and cooperation among rational actors. It was formalized in the mid-40s by the genius polymath John Von Neumann, and then it allegedly found its way into all kinds of science, even though the only people talking about it are venture capitalist types like Balaji Srinivasan using it in word salads to make simple things sound very complex.When game theory got a little pop culture notoriety with John Forbes Nash....
Related News
Thinking about the potential Bitcoin-oriented geopolitical moves to be made only shows the unlimited possibilities of Bitcoin’s game theory.
In part one of this series, we examine the game theory of bitcoin, an often mentioned but often misunderstood aspect of bitcoin adoption.
In an analysis released on Monday, ASXN, an emerging crypto research firm, outlines the dynamics of global Bitcoin adoption through the lens of game theory. The report titled “The Game Theory of Bitcoin Adoption Among Nations” provides an examination of how nations can leverage mathematical game theory to strategically adopt Bitcoin. The report follows on the heels of Donald Trump’s announcement at the Bitcoin 2024 conference that he’ll convert all BTC’s owned by the US government through enforcement actions into a “strategic Bitcoin stockpile”. Bitcoin Game Theory....
We are fast approaching sovereign state adoption as game theory plays out in front of bitcoiner’s eyes.
Game theory is the science of multi-agent decision making. It uses mathematics to study the strategic interaction of rational decision makers. Game theory has social, logical, and computer science applications. It also has Bitcoin applications at the personal, social, business, and nation state levels.