# Game Theory and Consumer Crypto

Source: https://medium.com/@0xasdf_eth/game-theory-and-consumer-crypto-b044c97ad7b3
Kiwi News: https://news.kiwistand.com/stories/Game-Theory-and-Consumer-Crypto?index=0x65acf8521d112a91e15adc3d6f543c75fd0b55ca4cb56e7a3c6b55b173e2697bde3f3076
Submitted by misha on 2024-01-21 UTC, 6 upvotes, 0 comments

## Summary

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.