Bugeater on Nostr: Hash rate follows a mixed motive game, in theoretical game theory. Having stake in ...
Hash rate follows a mixed motive game, in theoretical game theory. Having stake in the security of the network and making it decentralized is only useful if they see Bitcoin as a monetary network worth participating in. I suspect that many more nations will start engaging in mining as Bitcoin’s network effect, and benefits at the nation state level, is realized.
Published at
2025-01-27 13:59:57Event JSON
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"content": "Hash rate follows a mixed motive game, in theoretical game theory. Having stake in the security of the network and making it decentralized is only useful if they see Bitcoin as a monetary network worth participating in. I suspect that many more nations will start engaging in mining as Bitcoin’s network effect, and benefits at the nation state level, is realized. ",
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