Still grappling with crypto basics? You’re not alone
At present, society is split between a small minority of players with a PhD-level of understanding and a kindergarten audience
✒ The author suggests that cryptocurrencies lies in the intersection of three fields:
- cryptography (to ensure the integrity of transactions);
- game theory (to establish consensus on the state of the ledger); and
- economics (to design proper economic initiatives).
From another perspective, one can argue that those who invest in cryptocurrencies are a combination of:
- Macro-economist (those who understand how money works);
- Cypherpunks (those who understand how protocol works); and
- Speculator (those who understand how psychology works).