Simple Game Theory Model of November 2018 BCH Fork

Thoughts from Riga

Was great to see a lot of old friends and new in Riga.

Best part of bitcoin is how easy it is to just go to a conference and talk to the bitcoin devs of all sorts working on the project. They were universally so open and nice and focused on substance in arguments. This…

Note On Perpetual Swap Models

Perpetual swap model broadly is very simple:

• Zero-sum game between Longs and Shorts (same as futures)
• Set and pay a rate between Longs and Shorts to tax overvalued/undervalued swap