Author: Peter Todd 2015-06-27 17:54:28
Published on: 2015-06-27T17:54:28+00:00
In an email exchange, Benjamin questions the lack of assured quality of service and transparency in bidding on a certain market. Peter responds by pointing out that many markets operate this way, including financial markets and commodity markets where production supply is fixed. There are only probabilistic guarantees for buying or selling goods in these markets. Adaptation of supply could help solve capacity problems, but it is difficult to achieve in many cases.
Updated on: 2023-06-10T01:22:38.522618+00:00