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#gametheory

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New video! Arizona's Bitcoin Reserve bills have passed the Senate and House vote! They are headed to the governor's office to potentially be signed into law. In this video we discuss the possibility and impact of Arizona establishing the first state Bitcoin reserve.

Check it out on YouTube ⬇️
https://youtu.be/Tf0pc7_WP70?si=IkTaXUBdvqkjSwR7

#arizona #bitcoin #gametheory #investing #usa
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New video! There is a new big player in the Bitcoin space! 21 Capital is going to be copying the Strategy strategy and stacking as much Bitcoin as possible. In this video we talk about the impact of 21 Capital's emergence and what it means for Bitcoin adoption.

Check it out on YouTube ⬇️
https://youtu.be/Q5bkCh_tYoo?si=ccPX3YskbJZFjglq

#21capital #microstrategy #bitcoin #investing #gametheory
youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Signaling Design d.repec.org/n?u=RePEc:arx:pape
"… in the unique equilibrium in our setting, a profit-seeking monopolist school offers an uninformative #signaling technology, generating the same signal regardless of effort, and capture all the surplus in terms of fees. In this case, the separating equilibrium envisaged in #Spence (1973) vanishes, and no wasteful effort is exerted! Competition among schools affects both the total surplus produced and its distribution: competition in fees allows students to retain a higher share of the total surplus … competition to attract high types induces schools to offer more informative monitoring policies, incentivizing higher levels of wasteful effort.

… one equilibrium outcome stands out for its robustness: full separation, yielding the Riley outcome—low-type students exert no effort and high-type students exert the lowest effort that low-types are unwilling to emulate. Thus, compared to the #monopoly case, #competition shifts surplus from the school to high-type students and entails efficiency losses due to socially wasteful effort in equilibrium. The critical driver of this result is the high-type students’ willingness to pay to access a monitoring policy that enables them to better distinguish themselves from low-type students and thus obtain higher #wages."
#GameTheory

Idea of s alienation or weber s objection to his very definition of class and www
If someone works in can they end up buying their own product one day
But the means of production here can be free , thanks to open source , but can they be?
I mean server cost is never free , isnt free of cost , tax cuts re not free, nor is marketing and lawsuits
But folks dont go through alienation
Why , because they share political control ( ie bargain position ) , which can be different from ownership , while the latter , including the value, which they can influence of their stock holding is reduced in that accord and they end up being better off than their peers in or as bigtech is now big enough to influence policy making for that
The dictated aspect of .
Afaik weber didnt highlight the rich gets richer or big gets bigger part