Schelling Point

Definition:

The Schelling Point is a key concept in game theory, where independent participants arrive at the same conclusion. It often refers to a focal point in a given field or the solution that we are all seeking. In crypto, Bitcoin is acknowledged as the Schelling Point as it attracts interest from a diverse range of investors, such as speculators, those looking to hedge against inflation, moonboys and crypto investors.

Degen Chat

“Since El Salvador made Bitcoin legal tender as decreed by @NayibBukele, it’s the undisputed Schelling Point of crypto and Web3.”

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