The Game Theory of a Strategic Bitcoin Reserve
Bitcoin’s decentralized consensus mechanism works based on some cleverly crafted incentive structures. The first and fundamental rule is that the chain with the most work is the correct one. This…
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Bitcoin’s decentralized consensus mechanism works based on some cleverly crafted incentive structures. The first and fundamental rule is that the chain with the most work is the correct one. This…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “Economics I…
Life is one game after another, and just because bitcoin is sound money doesn’t mean it is any different. This is an opinion editorial by Tyler Parks, who has a…