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@artofkot
Jotted down 3 ways to slay Moloch, or move out of bad Nash equilibrium: (1) change the utility function of people, via education/protocols/culture (2) change the matrix of outcomes using issuance & slashing (restaking will be really handy here!) (3) change the paradigm completely, and stop “maximizing” utility
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@artofkot
Related to (1): - Why do we read books, those classical books? - Why are ethics, moral and principles all so important? - Why etiquette and social norms? - Why is it important to define your values? It is to develop a better utility function, enabling coordinate on a bigger scales.
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