Douglas Feeldro on Nostr: Good topic; the unstoppable clock that ticks in Bitcoins favor. While I definitely ...
Good topic; the unstoppable clock that ticks in Bitcoins favor.
While I definitely agree and believe Bitcoin is the inevitable “winner” of this series of events set in motion 13+ years ago, there are so many facets to the game theory.
One that i am always focusing on is the attack vector that is shitcoining. Though truth and awareness typically always wins out (particularly in a society with free flow of information) there’s no denying the people that use ignorance of people to divert interest and capital away from Bitcoin.
What really striking is the difference in adoption between countries closest to the fiat spigot and those ravaged by the implications of fiat. Those who are proximal to the creation of fiat have (many times unrealized) financial privilege that blinds them from what true utility and decentralization is and means.
Circling back to your suggestion; one thing that drives the game theory of Bitcoin adoption is necessity.
In summation; the quote necessity is the mother of invention, or in this case adoption.
While I definitely agree and believe Bitcoin is the inevitable “winner” of this series of events set in motion 13+ years ago, there are so many facets to the game theory.
One that i am always focusing on is the attack vector that is shitcoining. Though truth and awareness typically always wins out (particularly in a society with free flow of information) there’s no denying the people that use ignorance of people to divert interest and capital away from Bitcoin.
What really striking is the difference in adoption between countries closest to the fiat spigot and those ravaged by the implications of fiat. Those who are proximal to the creation of fiat have (many times unrealized) financial privilege that blinds them from what true utility and decentralization is and means.
Circling back to your suggestion; one thing that drives the game theory of Bitcoin adoption is necessity.
In summation; the quote necessity is the mother of invention, or in this case adoption.