15min chapter

The "What is Money?" Show cover image

The Decentralization of Bitcoin Mining with Bitcoin Mechanic (WiM507)

The "What is Money?" Show

CHAPTER

Game Theory and Governance in Bitcoin

This chapter explores the interplay between game theory and governance, highlighting how inconsistent rule-making can lead to societal crises. It examines the impact of identity politics on meritocracy and the evolution of language and technology, particularly in relation to Bitcoin. The discussion emphasizes the importance of decentralization, open-source principles, and the nuances of software development in fostering trust and competency within societal structures.

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