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30 sats \ 1 reply \ @k00b OP 10h \ parent \ on: Things Bitcoiners Don’t Want To Hear (2020) lightning
Great point! It's hard to account for a feedback loop like that.
Yeah... any kind of payments network (or any network, I suppose) is going to have feedback loops (vicious and virtuous cycles) that make prediction difficult
In formal game theory, we say that the game has multiple equilibria
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