I didn’t quite catch the connection between Nash equilibrium and the article’s implied valuation for BCH of zero.
I’m certainly interested in the theory (despite BCH empirically trading above well above zero), but I didn’t understand how Nash equilibrium prevents people from rationally buying BCH, even if at the end one sees it as just another alt coin.
Also i didn’t understand how Nash equilibrium would prevent a miner from mining BCH which required no hardware modifications from XBT to mine.
If anything, we’ve seen non-BCH-supporting miners mining BCH to prevent BCH difficulty from adjusting downwards and make mining profitable.
I get the sense that there is a lot that’s going on with BCH that is not captured by the reference to Nash equilibria.
