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The internet allows us to work together while. , quarterly report (form 10-q) (nov. As this article was going to print, goldman sachs reopened its cryptocurrency trading desk. Crypto-economics is the name given to the emerging study of incentives, economics, and game theory associated with maintaining a blockchain. Game theory is fundamental to the development of cryptocurrencies and is one of the reasons why bitcoin managed to thrive for over a decade. Not surprisingly, one can have many different definitions for a crypto-. Introduce readers to the concept of game theory and its application in cryptocurrency networks. Game theory operates in the realm of rational actors making choices, trying to maximize their utility, with a given set of rules. We model the competition over mining resources and over several cryptocurrencies as a non-cooperative game. Optimization methods are used to determine equilibria of investment in cryptocurrencies. 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