We Study Billionaires - The Investor’s Podcast Network BTC140: Game Theory and Bitcoin w/ Scott Lindberg (Bitcoin Podcast)
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Jul 26, 2023 In this discussion, Scott Lindberg, founder of Free Market Kids, dives into the fascinating world of game theory as it applies to Bitcoin. He explains the crucial differences between infinite and finite games, revealing how Satoshi Nakamoto's design considerations foster balance in the network. Scott shares insights on creating educational games that teach Bitcoin mechanics, while exploring the impact of volatility on game strategies. This engaging talk highlights the intersection of play, strategy, and finance, making complex concepts accessible to all.
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Nashville Bitcoin Lightning Summit
- The Nashville Bitcoin Lightning Summit was a high-signal event, attracting bright minds.
- Attendees invested time and money, signaling the importance of Lightning Network.
Game Theory Basics
- Game theory applies when multiple players interact strategically.
- It involves looking ahead and reasoning back to determine optimal actions.
Open Networks vs. Closed Systems
- Open networks foster collaboration and innovation, unlike closed systems.
- Bitcoin's open nature allows anyone to build on it, accelerating its development.
