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by vonklaus
3765 days ago
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while this is regarding the domain, and also a cheeky comment, consider that broadly: * there is friction in the market * information is distributed asymmetrically * improvements can be made quickly with technology * value is different for each actor, synergy could provide a more compelling case for an action * people still make money of arbitrage * people will pay not to wait, e.g. registration and ownership of an asset in a foreign country has a 1-2 month lag. etc. |
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