The prisoner's dilemma.

in #cryptocurrency7 years ago

The prisoner's dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interests to do so.

https://en.wikipedia.org/wiki/Prisoner%27s_dilemma

(the video isn't mine)

No trust (in individuals, organizations, etc) needed with cryptocurrency for cooperation, transactions, etc.

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