BITC0IN

I've always been interested in the long-term game theory of the decreasing block subsidy and how it will effect the economics of Bitcoin over time. I think it is a good thing, just a curious observer.

A more recent video that was quite fun to watch.

https://youtu.be/5f9s7HibZj8

Joe points out some flaws in his thinking, e.g. the decreasing incentives to selfish-mine as the block subsidy decreases.

Also, on the econ side, Micah doesn't seem to appreciate the role of money as a SoV and would rather see it 'invested', which goes against the Austrian view that 'uninvested' money becomes more valuable for investing where / when better opportunities arise.

bitcoin

Book Review | Bitcoin: A Game Theoretic Analysis | ⭐⭐⭐⭐/5

A more recent video that was quite fun to watch.
https://youtu.be/5f9s7HibZj8

Joe points out some flaws in his thinking, e.g. the decreasing incentives to selfish-mine as the block subsidy decreases.
Also, on the econ side, Micah doesn't seem to appreciate the role of money as a SoV and would rather see it 'invested', which goes against the Austrian view that 'uninvested' money becomes more valuable for investing where / when better opportunities arise.

@BITC0IN