2min chapter

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Trent McConaghy & Steve Omohundro: Welcome New Players | Gaming the Future Book Club Chapter 9

The Foresight Institute Podcast

CHAPTER

The Power of Incentives in Bitcoin

Blockchains are incentive machines. You can get people to do stuff by rewarding them with tokens, their own send machines. And it's a really powerful thing, right? And you can design this. So from all of this, this new field has been emerging called token engineering which is about designing incentives. But then let's combine some of these ideas where I talked about Bitcoin and basically he'll just pause here for a second.

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