alt Hacker NewsIsn't this more easily explained by supply-demand? Supply can't quickly scale, and so with increased demand there will be increased prices.
Isn't this more easily explained by supply-demand? Supply can't quickly scale, and so with increased demand there will be increased prices.
Imagine someone goes to the supermarket and buys all the tomatoes. Then supermarket owner says I don’t know, he bought all at once so it is a better sale. And he sells the remaining 10% of tomatoes at a huge markup