#Bitcoin and #GameTheory: A Deeper Dive Bitcoin stands as more than just a digital asset; it's a masterstroke of technological precision, economic prudence, and game-theoretical design. For those who've begun their journey into Bitcoin and want to delve deeper, understanding its intricate relationship with game theory can be illuminating. The Miner's Dilemma: Beyond validating transactions, miners are in a strategic race. They compete with peers, evolving technology, and fluctuating energy costs. Their decisions, driven by Bitcoin's reward system, underpin its decentralization, making large-scale attacks costly and unattractive. Hodling as Collective Strategy: Holding Bitcoin is a testament to its perceived long-term value. But from a game theory lens, hodlers, by reducing the available supply, enforce scarcity. This strategy resembles a game-theoretical cooperation: individual actions, taken collectively, amplify the value of everyone's holdings. The Immutable 21 Million: Bitcoin's cap isn't arbitrary. It acts as a commitment device, ensuring no participant can alter this predetermined scarcity. This universally acknowledged limit profoundly influences individual decisions to buy and hold. Consensus as Coordination: Achieving consensus in Bitcoin isn't merely about majority agreement; it's about intricate coordination. Every proposed change becomes a delicate game, as nodes assess the advantages against potential risks, like network splits or diminished trust. In sum, Bitcoin is a real-world embodiment of game theory. Each facet, from its supply cap to the rewards for miners, is a delicate balance of individual and shared interests. Recognizing these deeper mechanics allows one to truly appreciate Bitcoin's ingenious architecture and its potential to redefine our understanding of money. #nostr #plebchain #bitcoinnostr #coffeechain #zapathon #plebstr #zap #grownostr

4 stages of learning #Bitcoin: 1. UNCONSCIOUS INCOMPETENCE. At this stage, individuals might dismiss Bitcoin without a deep understanding, much like someone unaware of the complexities behind a technological innovation they encounter for the first time. They don't yet realize the depth or significance of Bitcoin's value proposition. 2. CONSCIOUS INCOMPETENCE. Here, individuals realize there's more to Bitcoin than meets the eye, but they feel overwhelmed or confused by its technicalities and implications. They recognize their gaps in understanding but may not know how to bridge them. 3. CONSCIOUS COMPETENCE. Individuals at this stage have spent time delving into Bitcoin's intricacies. They understand its principles, the significance of decentralization, and its potential to revolutionize finance. However, this understanding still requires active effort and continuous learning. 4. UNCONSCIOUS COMPETENCE. At the pinnacle, these Bitcoiners intuitively grasp the nuances and potential of Bitcoin. Their understanding is so deeply ingrained that they can explain, advocate for, and operate within the Bitcoin universe effortlessly, seeing its inevitability. Where would you place yourself? #askNostr

Diving deep into the concepts of network effect and game theory can guide one further down the #Bitcoin rabbit hole, unveiling layers of its intricate design and potential.

We're at a turning point in history. #Bitcoin is more than just new technology; it's a sign that people want more control over their own lives. As countries and big institutions face challenges, #Bitcoin stands out as a clear choice for those who want to be more independent. Today, the real value of #Bitcoin isn't just about money. It's about change. Old systems and big powers are being questioned. People no longer want to rely on central banks that make their money worth less over time. With #Bitcoin, they're taking back control and paving the way for a new kind of person: the sovereign individual. This change is happening right now. As we move further into the digital age, it's becoming clear that tools like #Bitcoin and #Nostr are helping people stand strong on their own terms. It's not about buying things; it's about a new future where everyday people have the power, and old systems have to adapt or fade away. #plebchain #coffechain #freedom #plebs #plebmovement #plebstr #grownostr #zapathon

This app is getting better every time I open it. 😂 #nostr View quoted note →

(available in English in my previous note) В эти бурные времена, когда мир вокруг нас сошел с ума, я открыто говорю: я #русский. И моим выбором стал #nostr, потому что именно здесь каждый находит истинную свободу души. Мой родной язык — это много больше, чем просто средство общения. Это ключ к моему сердцу, моим корням. Через него я хочу донести до людей знания о Биткоине, о деньгах будущего. Это не просто новые деньги. Это первая в истории бескровная революция, которая освободит нас от диктатуры и подарит настоящую свободу. Я отдаю предпочтение миру Биткоина, а не играм политиков. Мое сердце и доверие принадлежат свободе слова на свободных протоколах таких как #Bitcoin и #nostr. Слово "русский" в моем имени — это не ярлык, это маяк для тех, кто ищет путь к свободе. Это приглашение взяться за руки и двигаться вперед, опираясь на истинные человеческие ценности. С вами, дорогие единомышленники, я готов создавать этот новый мир. Благодарю вас за слова поддержки, за веру, за вдохновение. Вместе мы меняем мир, где каждое слово и каждый сатоши имеют значение. #bitcoin #nostr #plebchain #grownostr #russia #russian #биткоин #ностр #порусски #coffeechain #inrussian

🎙️ Amidst the current global landscape, I stand firm: Yes, I am proudly Russian. While voices like mine face challenges in the world today, I find solace and freedom in protocols like #nostr. My mother tongue, Russian, is a bridge to a community thirsty for Bitcoin knowledge. It's an invitation to those eager to explore the intricacies of non-KYC Bitcoin, coinjoin, multisig, and so much more. While I communicate fluidly in English, it's through Russian that I truly connect and educate. You see, I've never been one for traditional politics or voting booths. My wallet does all the talking, and it's a language everyone understands. In a world of flags, nations, and shifting loyalties, my allegiance is clear: Bitcoin, its passionate pleb movement, freedom, and the unfiltered essence of #nostr. The tag "Russian" isn't just about my roots or identity. It's a beacon, signaling to Russian speakers everywhere that they can approach, inquire, and learn. Language, after all, is more than just words—it's about understanding. In this journey, I welcome collaborators from every corner. Whether our discussions are in Russian, English, or through the universal language of Google Translate, our mission remains unified: to stand distinct and champion our shared ideals. To all Bitcoiners: Understand this—there's power in embracing oneself. When you fully acknowledge your worth, the world of Bitcoin takes on a deeper meaning. It becomes not just about money, but about evolving, empowering, and uplifting. To the #nostr community: My gratitude runs deep. For every note read, for every share, for every voice added to this chorus—thank you. We're crafting a symphony, one note at a time. #nostrplebs #plebchain #nostr #coffeechain #bitcoin #btc #grownostr #russia #russian #порусски #русский #биткоин #ностр

Oh, I forgot, #goodmorning #Nostr!

Discovery needs to improve here asap #nostr #grownostr

FOSS. Feel free to use. #Bitcoin #AIArt #nostr #plebchain #coffechain

Let's truly amplify #grownostr! While zapping rewards creators instantly, reposting their content gives them the visibility they deserve. Every repost not only supports creators but strengthens our decentralized community. Let's lift each other up and make every note resonate louder! #nostr

#grownostr View quoted note →

How about Miss Russia on here? #nostr View quoted note →

#Nostr goes through my veins, I love the growing addiction.

I actively "#orange pill" as many as I can, especially within my extensive network of affluent friends and acquaintances. Those with significant fiat holdings receive tailored presentations, aligned with their distinct corporate, political, and economic leanings. While I've educated a wide array of individuals, from politicians to businessmen, I hesitated with a mafia-linked person. My apprehension stemmed from the fear that if I revealed his shitcoin investments as scams, it could lead to unintended violent consequences against the parties involved. My mission with #Bitcoin isn't to endanger anyone but to propagate its genuine value. Though I often engage the wealthy, my mission extends to everyday individuals like waiters, drivers, hotel staff, etc. And here's the crux: As more people understand and adopt #Bitcoin, acting in their own best interests, the entire system becomes stronger and more resilient. It's game theory at its finest, with the network effect in play. As each participant optimizes for themselves, #Bitcoin, as a collective, wins.

Is anyone else #OrangePilling4aLiving? #askNostr #Bitcoin