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Bitcoin and The Infinite Game (Part I)

Bitcoin and The Infinite Game (Part I)

The primary value of adopting this framework is equipping the individual to discern which games they are playing and understand whether they are finite or infinite games. Once one does, they can more appropriately play their particular game and avoid the confusion of accidentally playing the wrong game or assuming that all games are created equal.

The Sunk Cost Trap and BTC

The Sunk Cost Trap and BTC

A common pitfall for investors is a descent into a sunk cost trap. The bitcoin and cryptocurrency ecosystem has fallen into a deep sunk cost trap. BTC investors appear to be analyzing their investment strategy in a backward-looking manner rather than unemotionally appraising their present options or projecting into the future.