@Sajal4mThen #SajalSingh " #technologies are good at doing a few things. They attack #conventions, remove #transactioncosts and form a #habit"
www.forbes.com/councils/for...
A chart from the Economists showing the share of total non-cash transactions held by various payment methods in Brazil. It shows that the share held by Pix, a digital payment system run by the central bank, has reached almost 50% since it began in 2020.
“I can’t help noticing that #Pix is actually achieving what #cryptocurrency boosters claimed, falsely, to be able to deliver through the #blockchain — low #transactioncosts and #financialinclusion.” #Brazil paulkrugman.substack.com/p/has-brazil...
Is the Real Profit Killer transaction costs, not income tax? Learn more about how transaction costs can impact your bottom line. #transactioncosts #profitkiller blog.startupstash.com/the-tax-you-dont-see-how...
Ethereum successfully implements its Dencun upgrade, reducing costs on Layer 2 networks by storing data in "blobs." As a result, transactions that previously cost $1 can now be completed for just a cent. #Ethereum #DencunUpgrade #Layer2 #TransactionCosts
How does the complexity of the operation influences the outsourcing decision?
jaskalra.com/2023/10/11/h...
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#outsourcing #supplychain #procurement #transactioncosts #assetspecificity #opportunism