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@ Neal
2025-05-07 03:39:57
it’s not an assumption
valid moves sure, people can and will try to cheat, but they aren’t optimal for pursuing your own self interest in a nash equilibrium.
if you try to cheat the system, you don’t just lose a little, you are extinguished.
the incentives only rachet one way, the most profitable and certain move is always to strengthen the network, making it more valuable.
the nash equilibrium game theory is a rabbit hole i’m happy i jumped down. much more to learn as always, but im happy i was able to make it as far as i did