The Decentralization of Bitcoin Mining with Bitcoin Mechanic (WiM507)
The "What is Money?" Show
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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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