Bitcoin, the game theory facet, is a structure in extreme social tension. There are at least five key stakeholders - miners, users, developers, market, and exchanges. All the stakeholders have at least two senior partners who express forms of control. From above, the relationship would look like five players linking arms together, heads in, while collaborating in mutually supportive, competitive, and highly incentivized encounters. With Bitcoin, there is no trusted third party, instead, the relationship is divided at least five ways. This decentralizes trust, which distributes risk. The system is also constructed whereby the players have direct mechanisms for punishment as well as reward constrained to behaviour exhibited. Collaborative behavior is rewarded with mutual security while anti-social behaviour is discouraged through collective financial penalties.

At the end of the day, the one thing we all have in common is the desire for the system to facilitate greater feats of cooperation. (That’s number go up).