246 sats \ 11 replies \ @SpaceHodler 15 Jul \ on: What would change your conviction in bitcoin? bitcoin
I still haven't read Micah Warren's book on Bitcoin's game theory, which I understand he found problematic and sold his stack as a result.
Once I have, I may be better able to answer this question.
He is a professor of mathematics at university of Oregon. I can’t think of a single academic who has anything favorable to say about bitcoin.
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I know and it's something to take into consideration. But still, math is math. However, in Bitcoin it intersects with things that are less objective and less provable.
Regardless, I'd like to read it, because I'm interested in game theory and even if his conclusions are incorrect, learning more on this subject can't hurt, whether I apply it to Bitcoin or other things.
For a lighter introduction there are some videos on Youtube featuring him. From what I remember, some have found them underwhelming.
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Yes, and math-heavy.
The titles of the last 3 chapters - Centralization, Capture and Collapse - sound rather ominous.
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It's really a shame that the book hasn't gotten more attention, because it does seem like he has given it a lot of thought. It's understandable though - it's too much for most. But I guess it has too be that way and can't be made more concise.
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It is, but it's also crucial.
If this specific and complex part has a fault, none of the other parts matter in the grand scheme of things.
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