Illiquidity and the Hot Dog Effect

This article uses an example of buying hot dogs and hot dog buns to illustrate how liquidity in a market can improve efficiency. Hot dogs and hot dog buns are often sold in incompatible quantities. This causes us to consume more or less than our ideal basket of consumption. For example, you may be able … Read more Illiquidity and the Hot Dog Effect

1 Thing That Will Explode Bitcoin Adoption

This recent article from Wamda laid out 5 things that bitcoin needs in order to grow adoption in emerging markets. I disagree with most of what was written. In this article I will show why those 5 issues have already been resolved. Finally, I will reveal the only 1 thing that I see bitcoin needing … Read more 1 Thing That Will Explode Bitcoin Adoption