n 1984, Apple’s first Mac computer cost $2,500 – the equivalent of more than $6,000 in today’s currency. Fast-forward to 2019, and a basic Chromebook can be purchased from most online retailers for less than $200.
Consumers are essentially now paying one-twentieth of the price for a much more advanced piece of hardware. And so rapid developments in technology have led to near-universal access, especially in the developed world. A few key stats demonstrate the true extent of this reach. Around the world, 96% of internet users now own a smartphone device, and 70% own a laptop or PC.
Triangular arbitrage is a process where you can take advantage of the price discrepancies between any three currencies – BTC EUR USD – Apoorv Gupta