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Communications, Commerce, and Money as the High-Order Bit

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Plus! Levered Pensions, eBay, Bankruptcy, Chip Wars, more...

Communications, Commerce, and Money as the High-Order Bit Communications, Commerce, and Money as the High-Order Bit Plus! Levered Pensions, eBay, Bankruptcy, Chip Wars, more... 16th June 2020 Byrne Hobart Contents At the limit, commerce and communications are the same thing. Prices are very information dense, so they’re the first bidder for incremental reach or lower latency. There’s abundant historical evidence for this: some of the oldest written documents we have outline commercial transactions, the Rothschilds used carrier pigeons to get information (though, contra legend, not at Waterloo

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