Is Arbitrage Making the Markets More Efficient?

Amitai Etzioni: My view is generally that arbitrage is a positive thing because it makes the markets more efficient and can put pressure on what people are pricing things. He says if you actually just pull out your cash app or your moon wallet and you go pay over Lightning, it works pretty well right now. Etzionis: I think part of that is due to the markets becoming more, the liquidity markets becoming more efficient. And arbitrageors have facilitated thatLiquidity has a role to play in that as well.