> most people simply don't have the time or resources to both survive and pay attention

This is a huge problem. I reviewed this code, more than once. I missed it, more than once, especially because you dismiss what you've already seen easily. Didn't spend enough high quality `post-2nd-coffee-3rd-red-bull-but-pre-lunch` time on it. Didn't dig deep enough. Also because at the time, no one had any automation for this.

optimism

Bitcoin relies on game theoretic security.  Game theoretic security relies on assumptions about how people behave according to their incentives. ... Most people are not paying attention all the time.

I'd also add that most people simply don't have the time or resources to both survive and pay attention, even some of the time.

This is easily the strongest argument for bitcoin's success not being inevitable. We've got heavy lifting to do!

security

bitcoin

econ

Pleb Economist #13: ColdCard and the Law of Large Numbers

SimpleStacker

Thanks. Sobering.

> Bitcoin relies on game theoretic security.  Game theoretic security relies on assumptions about how people behave according to their incentives. ... Most people are not paying attention all the time.

I'd also add that most people simply don't have the time or resources to both survive and pay attention, even some of the time.

This is easily the strongest argument for bitcoin's success not being inevitable. We've got heavy lifting to do!