3 ms·
Players are rational, after all. Thats what's game theory is about. Bitcoin players aren't rational. Karpeles stood to earn way more by not manipulating the m
by sillysaurus3 12y ago
Players are rational, after all. Thats what's game theory is about.
Bitcoin players aren't rational. Karpeles stood to earn way more by not manipulating the market. He did so anyway and bankrupted his own company.
Game theory assumes all players are smart.