We’ve all heard of the game ‘Split or Steal’, where 2 contestants can choose to split or steal a pile of cash. However, if both choose to steal, neither player gets money. There’s been heartbreaking instances of people stealing as their gullible partners choose to split, with a good amount of satisfying agreements eliciting sighs of relief. This is a replica of the prisoner's dilemma, where 2 prisoners can choose to stay silent or betray the other. The prisoner’s dilemma is one of the principal examples of game theory, the study of decision making. Now, how is game theory connected to literature?, you may ask. Well, game theory is used heavily to enhance plots by adding decision making into the mix. It creates suspense as the reader wonders what the villain will do, and adds a layer of complexity. Almost all famous books have elements of game theory, from Homer’s Odyssey to Harry Potter. What does the other man think I am going to do? Game theory in Hobbit: The prisoner's dilem...
Crypto is the easiest way to become a millionaire, right? Well, it certainly is the fastest way to lose a million dollars. If you invested $1,000,000 in the cryptocurrency Luna in April, you would have a paltry 48 cents today. Yes, you read that right. 48 cents. Not even enough to buy a newspaper to read about the cryptocurrency crash rocking the world today. Many people who’ve invested their life savings in “phenomenal” cryptocurrencies are now scrambling to take out their investments. From teenagers to boomers, everyone who bought into the hype is now facing devastating losses. Inevitably the burning question arises: What does the future hold for cryptocurrencies and NFTs? Let’s cover the basics What are cryptocurrencies and NFTs? Cryptocurrency is essentially a digital currency that is decentralized, and not reliant on the government, banks, or any central authority. Some examples include Bitcoin and Ethereum. NFTs are non-fungible tokens, and are the rights to digital images. Most ...