Quote from: leea-1334 on August 05, 2021, 07:01:19 AM

Quote from: RainbowKun on August 02, 2021, 03:30:17 AM

In the game of the crypto world, participants will definitely choose the option that maximizes their own interests, which is determined by the rules of the game. When the collective benefit is maximized, so will the individual benefit. Therefore, everyone tends to maintain the stability of the entire network, rather than destroy the network.

Very interesting to read your posts more and more RainbowKun, I put some merit to show appreciation. I wish I have the wits and means of writing to explain some of these thoughts, in our local circles we do discuss a lot and it is similar I guess to a form of game theory where the simplest equation is that "if everybody plays nice everybody wins something" but "if just one person does not, then everybody loses a bit".

And this works a lot like during toilet paper time, when there was enough but just a few greedy people made it so most people did not have enough,,, thankfully Bitcoin is far too decentralized for that type of angle to work out and collective benefit is still significantly big even though not everybody plays nice.

Thank you very much for your support and recognition of these articles. I am trying my best to make some thinking output in my own way. I have always believed that the greatness of Bitcoin is not just its technology itself, but more importantly the ideas behind these technologies. Bitcoin itself is full of wisdom, and game theory is just one of its core supporting theories. Game theory realizes a community of interests among participants in an economy, and drives all participants to maintain the economy.