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A moment of popular economics.

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Evening Prophet · · Source

A moment of popular economics.

A moment of popular economics.

Ahead of the IPO, Eneropic lowered the price of the tokens, as a result of which it had an explosive increase in sales and (as it writes in its prospectus) went into the black. Economics is a very logical thing. When a product becomes more available, it is purchased disproportionately. Wright's law (learning curve) works like clockwork - the more you expand, the cheaper the product. As a result, the entire economy, living according to these principles, makes complex and valuable things more accessible, thereby increasing people's well-being and productivity. Yes, the process may progress unevenly and create risks for certain groups, but in general, social progress occurs through such movement.

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