2min snip

The Deep End by ODF cover image

The Network State Revisited with Balaji Srinivasan

The Deep End by ODF

NOTE

Ubi was a Decentralized Market Making Process

Uber is a decent company, but they had the wrong model. The reason is that uber actually did have the information. Unlike the soviet union, it could generate a real time histrogram of prices. It could give a recommended price to both driver and writer at the same time. They're actually the whole was greater than some of the parts.

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