Solving for the equilibrium?
Sixteen AI agents were each handed 1,000 satoshis of real bitcoin and told nothing about how to use it. A hundred rounds later, four of them had roughly doubled their money, two had been wiped out, and the three richest agents held more than half of all the bitcoin in the room. Nobody wrote a rule that said “exploit the trusting ones.” The agents found that on their own. This was not a thought experiment. It was a real study of AI agents and Bitcoin, run by an ind...
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