The Theory of Games and Bitcoin

The theory of games is crucial in understanding Bitcoin's function and value in society. It provides a mathematical framework to analyze the incentives that guide social and economic interactions, including the behavior of Bitcoin adopters. With the increasing number of individuals involved in the cryptocurrency space, especially as political figures such as presidential candidates begin to recognize Bitcoin's significance, this theory takes on even greater importance. The political landscape around Bitcoin showcases how its adoption is influenced by strategic incentives within the electoral arena.