Game Theory and Bitcoin with Preston Pysh
Preston interviews game theory expert Scott Lindberg, about Bitcoin and its robust incentives that keep everything mutually beneficial for all participants.
IN THIS EPISODE, YOU’LL LEARN:
- An overview of Game Theory.
- The critical difference between infinite and finite games.
- What Satoshi had to consider when designing Bitcoin from the start.
- What are some of Scott's favorite game theory aspects found in Bitcoin?
- How game designers account for skilled players playing a game with unskilled players.
- What Volatility does to a games design.
- How Scott designed a playable game around Bitcoin.
- The iteration process for designing games that are playable and balanced.