Как теория игр применима к криптовалютным рынкам — Евгений Шимальский

Summary

The speaker, Gennady Shymansky, discusses the financial motivations behind cryptocurrency systems and the importance of positive-sum games in driving beneficial outcomes for humanity. He contrasts zero-sum or negative-sum trading, which often leads to wealth concentration, with the potential of cryptocurrencies to support decentralized applications and collective benefits, such as the BLOOM project that aims to create a decentralized credit rating system. Shymansky emphasizes the need for projects to move beyond speculative trading and focus on use cases that contribute to the greater good.

Takeaways

• 📈 The speaker, Gennady Shymanskyy, represents the company Alterfolio and discusses financial motivation in the context of game theory within cryptocurrency systems.
• 🎲 The talk touches on the idea that participants in cryptocurrency markets can be in a 'zero-sum game' or worse, where one person's gain is another's loss, with the market taking a commission.
• 🌐 The speaker contrasts the negative-sum games of trading with positive-sum games that can benefit all participants, such as those that contribute to medical research or other philanthropic causes.
• 💡 There's an emphasis on the importance of creating and supporting systems where all participants can benefit, which aligns with the survival and progress of humanity.
• 🚫 The current state of cryptocurrencies is criticized for being primarily used for buying and selling, creating a closed loop that doesn't necessarily contribute to broader societal benefits.
• 🤔 The speaker ponders the necessity for cryptocurrencies to move beyond just trading and find additional use cases, such as decentralized applications or serving as a means for transactions, voting, or financial participation.
• 🔄 The concept of 'mining' is introduced as a way for participants to be rewarded for supporting the system, which can be seen as a payment for independence from centralized entities.
• 💼 The talk suggests that speculative trading is a natural part of any project's lifecycle and is not inherently bad, but it shouldn't be the sole focus.
• 🏦 The speaker mentions the project 'Bloom' as an example of a system attempting to address the issue of non-transferable credit ratings by using blockchain technology for verification within their network.
• 🌐 The importance of aligning the project's use case with the intentions of its creators is highlighted, as different strategies can be employed depending on whether the goal is quick speculative gains or organic growth.
• 🤝 The talk concludes by emphasizing the need for projects to consider collective benefits and how they can be distributed among participants to ensure the system's sustainability and success.

Q & A

Who is the speaker in the transcript?

The speaker is Zhenia Shimansky, representing the company Alter Folio.

What is the main topic of Zhenia Shimansky's report?

The main topic of the report is financial motivation and, indirectly, game theory in cryptocurrency systems.

What does Zhenia discuss about the nature of games in cryptocurrency?

Zhenia discusses that games in cryptocurrency can be zero-sum or negative-sum, where one person's gain is another's loss, and often involves trading on exchanges.

What is the concept of a game with a positive sum in the context of the report?

A game with a positive sum refers to a situation where all participants can benefit, such as in philanthropic endeavors that contribute to medical research or other societal benefits.

What is the issue with cryptocurrency being used primarily for buying and selling?

The issue is that it creates a closed loop where transactions are merely speculative trades without contributing to any broader societal or economic benefit.

What is the speaker's view on the current state of cryptocurrency trading?

The speaker views the current state of cryptocurrency trading as problematic because it often results in a zero-sum or negative-sum game, where one person's profit comes at the expense of another's loss.

What is the speaker's opinion on the role of speculation in cryptocurrency projects?

The speaker believes that speculation is a natural part of any project's ecosystem, but it should not be the sole focus. It is necessary but not the ultimate goal.

What is the potential solution Zhenia suggests for cryptocurrencies to have a positive impact?

Zhenia suggests that cryptocurrencies should be used as a tool for decentralized applications, voting, or financial participation in systems that benefit all participants.

What is the example of a project that Zhenia mentions in the transcript?

The example mentioned is a project called 'Bloom,' which aims to provide a decentralized credit rating system.

What is the main challenge that the 'Bloom' project is trying to address?

The 'Bloom' project is trying to address the challenge of credit ratings not being portable across national borders and being controlled by centralized entities.

What is the speaker's view on the importance of a project's use case and its impact on success?

The speaker believes that the use case of a project is crucial for its success, as it determines how the project is utilized and whether it can provide value beyond mere speculation.