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I don't disagree in principal, but: > well-designed economic game theory Game theory is loosely based on the idea of behavioral economics, which is an imperfe
by mbesto 7y ago
I don't disagree in principal, but:
> well-designed economic game theory
Game theory is loosely based on the idea of behavioral economics, which is an imperfect science.
The fact that the Winkelvoss twins have to store their BTC password separated into several hidden physical vaults (bank safes mind you) is all you have to know about how the trust system actually works in real life.[0]
[0] https://www.nytimes.com/2017/12/19/technology/bitcoin-winklevoss-twins.html https://www.nytimes.com/2017/12/19/technology/bitcoin-winkle...