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The genius of Satoshi was understanding Incentives + Human Nature

The genius of Satoshi was understanding Incentives + Human Nature

Cory explains the “six great games of Bitcoin” aka miners, pools, block space, rules, adoption, and nation-states.

Incentives => Outcomes

Reminds me of Trace Mayer’s 7 network effects that occur in the Bitcoin ecosystem:

– Speculation
– Merchant Adoption
– Consumer Adoption
– Security
– Developer Mindshare
– Financialization
– Adoption as a World Reserve Currency

submitted by /u/rooster_booster
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