Markets
September 10, 2020
73 views 7 mins 0

Ethereum Gas Fees Pegged to Starbucks Coffee Prices

Developers say late inflation finally explains high transaction costs A Brew of Innovation In what may be the strangest financial experiment since the invention of Dogecoin, Ethereum developers have announced that network gas fees will now be pegged to the price of Starbucks coffee. The move, described as a bold attempt to “make gas relatable,” […]

Oil
September 10, 2020
87 views 5 mins 0

Ethereum Gas Fees Accidentally Pegged to Actual Gasoline Prices

Traders panic as fuel shortages drive up transaction costs. Alexandra Chen | Stablecoin & Regulation Analyst A Costly Confusion Ethereum traders were left stunned this week after a technical mishap linked blockchain gas fees to real-world gasoline prices. Instead of paying a few dollars for transactions, users suddenly found themselves shelling out amounts that mirrored […]

Cost of Living
May 14, 2017
65 views 6 mins 0

Grocery Stores Introduce “Emotional Pricing” Based on Customer Facial Expressions

Smiles lower costs while frowns add surcharges at checkout. A Bold Retail Experiment Supermarkets in Europe and Asia have begun rolling out “emotional pricing” systems, where the cost of groceries depends on customers’ facial expressions at checkout. Shoppers who smile are rewarded with discounts, while those who frown face higher prices. The technology uses AI-powered […]