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Today's guest is Hasu, an anonymous cryptocurrency researcher who writes for Uncommon Core and Deribit Insights. He used to be a professional poker player, an experience that informs his current work. As he explains, there is overlap between poker and cryptoeconomics. Both can be understood through game theory.

This conversation is split into 4 chapters:

1. Hasu's background
2. Proof-of-Work & Nakamoto Consensus
3. Game theory and the incentives behind Proof-of-Work
4. A Q&A covering Bitcoin maximalism, declining block rewards, and how China dominated crypto mining

The episode also covers the following:

• Mining as a way to establish consensus & distribute currency
• The limits of centralized solutions to the double-spend problem
• How to launch a 51% attack
• The case for uncapping Bitcoin’s supply
• The hidden benefits of specialized mining tech

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