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What you're saying is tautological in a sense that for for it to be true, you need to postulate that every human activity is also based on economy and game theo
by fuy 5y ago
What you're saying is tautological in a sense that for for it to be true, you need to postulate that every human activity is also based on economy and game theory (otherwise, why would people behave as you say they would behave) . So your argument essentially is that governments banning bitcoin is also based on economy and game theory. Which is fine by me.
- mrkramer 5y agoI'm saying that market needs to decide whether Bitcoin is toxic commodity or not and what I mean by not is Bitcoin being useful like oil and gas are or any other commodity. And yes majority of people behave according to game theory because if they do not then they lose or in extreme cases die.
- ajuc 5y agoIf people behaved like game theory says they should then lottery, addictions and casinos wouldn't exist.
- mrkramer 5y agoRead again what I wrote >majority of people behave according to game theory because if they do not then they lose or in extreme cases die. Majority of people are not addicts but those who are lose or in extreme cases die like for example alcohol addicts, drug addicts even casino gambling addicts who tend to suicide when losses amass and loans come due.