5min chapter

The "What is Money?" Show cover image

WiM019 - The Booth Series | Episode 9 | Game Theory and Bitcoin

The "What is Money?" Show

CHAPTER

Iterative Game Theory

Game theory is a critical part ofa the bit quite network. Andt is drives ind of fear of missing out and everything else. But by creating an incentive for somebody against somebody else, then it creates a different incentive. In other words, we don't cooperate. So that's what ends up happening with trust. You can easily say something, but what you sows shows you who you are. When they show me different, i believe that for all time. Because if i'd believe something else, then its my fault.

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