Crypto Co-ops and Game Theory: Why the Internet Must Learn to Collaborate to ...
As the internet shifts to the open, decentralized standards of Web 3.0, can we find a balance between competition and cooperation?
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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.
Everyone who encounters bitcoin for the first time must grapple with how it works, and what it means. The former is relatively easy enough to learn, the latter however is something that everyone seems to have a different opinion on. 'Is bitcoin the next Internet?' seems to be the question behind news articles and passionate debates alike. Entrepreneur and bitcoin advocate Marc Andreessen has most visibly made comparisons between the two, while CNBC reported that many more venture capitalists thought bitcoin could be 'as big as the Internet'. Despite obvious buzz appeal, it's a serious....
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....
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.