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Yeah, this is a common fallacy, I'm sure there would be a name for it. Basically "my strategy will work, assuming my opponent doesn't act at all", and ignores t
by rlayton2 7y ago
Yeah, this is a common fallacy, I'm sure there would be a name for it. Basically "my strategy will work, assuming my opponent doesn't act at all", and ignores the fact the opponent is a capable, well resourced entity.
Many bitcoin proponents have the same fallacy - i.e. "this is better than banks, therefore banks are obsolete", ignoring the fact that banks will work with new technology as it suits them.