enochroot on Nostr: Bitcoin is money that naturally evolves toward perfection. John Nash envisioned ...
Bitcoin is money that naturally evolves toward perfection.
John Nash envisioned “ideal money” as a decentralized, self-correcting medium which emerges from the market. He argued that money should be efficient, transparent, and free from central control—fostering trust and fair value exchange. His concept of asymptotically ideal money means that as more participants adopt equilibrium strategies and the network scales, the system progressively perfects itself, aligning individual incentives with collective stability.
https://web.math.princeton.edu/jfnj/texts_and_graphics/Main.Content/IDEAL_MONEY.../Older/PENN_STATE/babu.money.b.pdf
Imagine what this means for society.
You are not bullish enough.
LFG.
✨🌊🌅🌀✊🏽
#JohnNash #IdealMoney #Decentralization #EconomicEquilibrium #bitcoin
John Nash envisioned “ideal money” as a decentralized, self-correcting medium which emerges from the market. He argued that money should be efficient, transparent, and free from central control—fostering trust and fair value exchange. His concept of asymptotically ideal money means that as more participants adopt equilibrium strategies and the network scales, the system progressively perfects itself, aligning individual incentives with collective stability.
https://web.math.princeton.edu/jfnj/texts_and_graphics/Main.Content/IDEAL_MONEY.../Older/PENN_STATE/babu.money.b.pdf
Imagine what this means for society.
You are not bullish enough.
LFG.
✨🌊🌅🌀✊🏽
#JohnNash #IdealMoney #Decentralization #EconomicEquilibrium #bitcoin