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Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
traincarswreck
on 15/02/2015, 02:12:39 UTC
In economic solutions to avoid centralization, look for the Nash equilibrium and to avoid solutions with advantages weighted toward incumbency.  Justusranvier has a pretty well reasoned description of what that might look like.
This was the writing that brought me here and relevated me: https://thewealthofchips.wordpress.com/2014/12/01/securing-decentralization-through-nash-equilibria/

There is actually some easy reasoning to be done that is helpful, but only if we understand the book "An Inquiry into the nature and causes of the wealth of nations".  It is quite easy to see that a Nash Equilibrium MUST happen in order for success and wealth to arise in the form of a "Nation". And we can start to think about the exact causes and also understand then what "events" might bring down a nation.  Nick Szabo showed how money can arise in a chain of islands, but this is only a very specific application of Nash Equilibrium and TWON, we could also apply this (and generalize it) to land.

The four color map problem becomes significant because it shows the fundamental conditions (although this won't be immediately obvious to you).  If for example there are for pillars to the Nash Eq that arises a wealthy nation, then two sub states with the same "contribution", will NOT be a Nash equilibrium.  There is more to explain there, but I am sure of this.  I have a natural gift for solutions, and always left with an inability to explain.

You and many others I am sure will disagree that without the pyramids we would still be in the stone age, and we need to argue about this fact because I am sure we are not understanding the obvious truth to this.  And everyone thinks that the pyramid "step-scheme" is not relatable to the block chain but this is because they have not studied TWON in relation to Ideal Money and Nick Szabo.  

We are thinking bitcoins are finite and the block chain is infinite because we fail to understand the relation between the pyramids as a finite consensus mechanism and gold as the same (which eventually become coins).  We need to come to a realization on the truth of all this ASAP.