inscriptions of Arb social + X's social network have been fully activated.

The total supply of little 'x' was 2.1 billion, and it's incredible that it's all been claimed. The number of holders exceeds 20,000. What does this mean in the context of memes?

Someone in our group even managed to snag a car.

In just half an hour, we'll be able to use Emoji, and who knows what further innovations this will lead to. Could the leader really be a dragon?

Ryan Rasmussen is the Senior Crypto Analyst at Bitwise.

In this episode, we discuss 10 crypto predictions for 2024, recently published by the team at Bitwise. Today’s show is a special end of year episode to gather alpha on what we can expect in the crypto markets next year, based on the insights of one of the largest crypto asset managers in the world, as well as a leading candidate to get a Bitcoin spot ETF approved in January!

Game theory, proposed by mathematician John von Neumann and popularized by economist John Nash, is based on five principles:

All games must involve multiple players (>2)

Players must interact with each other

There must be a reward

We assume that players act rationally

Each person acts in their own self-interest

To illustrate this better, let's use the prisoner's dilemma. We have two people, A and B, who have committed a crime and are being interrogated. If A betrays B, A walks free and B gets 20 years in prison. If B betrays A, B walks free and A gets 20 years in prison. The question here is that if either of them takes this path, they risk the other betraying them out of revenge. In a more general sense, adopting a selfish strategy could maximize the gains of one party but increase the risk of disaster for both.

What we are looking for is to find the Nash equilibrium, or the balance of fear, which is when each party adopts the best possible strategy based on the knowledge of their counterpart's strategy. This does not mean that the best joint outcome for each player is achieved, which would happen if they actually acted in coordinated action, that is, by cooperating!