Damus
Motorist  profile picture
Motorist
@BitcoinMotorist
Bitcoiners have an incomplete understanding of game theory. While it is true that in single-turn games malicious agents fair better than cooperative agents, this is flipped on its head for multi-turn games. Cooperative actors outperform malicious ones handily. Bitcoins treat everything as a single-turn game. It's really not. The real world is multi-turn.
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it's me, real fake · 20w
well... in iterated prisoners dilemma game, Always Uncooperative is the best strategy.
Mel · 20w
So do humans. And the real world? There is no such thing. There is no game to win.