Many of the so called Bitcoin maximalists are actually hypocrites who are secretly planning their own altcoin or already invested in one. So they use Bitcoin maximalism to attack anyone who shills an altcoin which isn't theirs, or if theirs is not yet a reality.
There are many levels of manipulation going on. Everyone is trying to manipulate. Everyone thinks they have some plan to get rich.
Just a reality we shouldn't pretend doesn't exist.
Bitcoin maximalist is yet another obfuscation of the real economic motivations. So many things are not what they seem to be.
Regards to the topic and Nash Equilibrium reminds me his criticism to Adam Smith theory about the 'individual ambition' ;-)
Agreed
the murdered John Nash (aka Satoshi) is correct that
we should not fight over the blonde, because we maximize our individual strategies in that case with a group strategy.
In the case of Bitcoin, Nash designed such that the whales have a
crab bucket mentality w.r.t. any one whale being able to mutate the protocol and thus get an advantage over any other whale.
But I posit the mistake he made, is that I've shown
the math that PoW eventually centralizes into one whale (or colluding set of whales) who can then at the point change the protocol and fuck over everyone else. Analogously, if one person was able to mathematically monopolize the blonde, he could force everyone else to take a second pick.
Game theory is complex. And Nash can make mistakes. He isn't perfect. Or perhaps Nash was just the symbolic face of Satoshi and not the one who made the actual PoW design.
Where does Nash state that asymptotic ideal money is where there are multiple competing currencies at one time? Thats not at all what I vot from reading his stuff.
In the section called "currencies in competition":
So here is the possibility of "asymptotically Ideal Money". Starting with the idea of value stabilization in relation to a domestic price index associated with the territory of one state, beyond that there is the natural and logical concept of internationally based comparisons. The currencies being compared, like now the euro, the dollar, the yen, the pound, the swiss franc, the swedish kronor, etc. can be viewed with critical eyes by their users and by those who maybe have the option of whether or not or how to use one of them. This can lead to pressure for good quality and consequently for a lessened rate of inflationary deprecation in value.
So then you understand that Nash would have only made Bitcoin so that it could be forked and modified so there are many competing currencies which users can judge which one is the most stable and has the least corruption and manipulation.
Satoshi wanted altcoins.