Understanding Bitcoin Game Theory – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Game theory it is the science related to the systematization of strategic conflict and cooperation between rational actors. It was formalized in the mid-1940s by the learned genius John Von Neumann, and then supposedly made his way into all kinds of science, though the only people talking about it are VC types like Balaji Srinivasan who uses it in salads. of words to make simple things sound very complex.

When game theory gained a bit of notoriety in pop culture with the depiction of John Forbes Nash Jr. in the 2001 biographical drama “A Beautiful Mind,” it somehow became one of those things that people thought that It could be used as a life hack without even really understanding that, like nootropics and magnetic bracelets. No seriously, what are nootropics?

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