Game Theory and Consumer Crypto

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Game Theory and Consumer Crypto

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The author argues that web3 should be judged by its game-theoretic incentive design rather than by ownership features alone, and that consumer apps like Tinder could be redesigned around incentives. Using game theory, the author describes Tinder as a game where both sides picking "spam right swipes" leads to poor outcomes, with men's match rates reported below 1%. The author also says Bitcoin's reward halving every four years was designed through game-theoretic reasoning, and that Wikipedia shows a socially good product can succeed without maximizing revenue.

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