BTC140: Game Theory and Bitcoin w/ Scott Lindberg (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Game Theory and Bitcoin: Redefining Financial Play
This chapter explores the intersection of game theory principles and Bitcoin's design, focusing on how Satoshi Nakamoto developed a framework that challenges traditional financial systems. It discusses key concepts such as decentralization, difficulty adjustment, and the strategic elements necessary for balancing cryptocurrency issuance. Through thoughtful reflections and real-world examples, the chapter emphasizes the innovative aspects of Bitcoin's ecosystem while also introducing an educational game designed to engage players in understanding these complex principles.
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Transcript
