Vitalik Buterin
@vitalik.eth
This is amazing. Ideally restaurants would just price using AMM curves. https://twitter.com/MorePerfectUS/status/1762251031910728069
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BORED 🥱
@bored
Problem is they are only exploring the surge and not the reduction of prices in slow times. I want half-priced square hamburger meat.
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Vitalik Buterin
@vitalik.eth
In equilibrium it will have that same effect. From a PR perspective, of course they should have announced it as an off-peak discount and then when they need to raise prices blame it on inflation (Notice how no one gets upset at stores for doing "clearance sales" seemingly at least 50% of the time)
2 replies
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Guapo Shecklesworth
@shecklesworth
Yeah there is a zero % chance you ever see discounted prices. $1.99 fries won't drop to less than that because store traffic is slow.
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