İBRAHİM YÜMLÜDec 29, 2021 · 3 years ago7 answers Can Adam Smith's economics definition be applied to the valuation of cryptocurrencies?
Is it possible to apply Adam Smith's economics definition, which emphasizes the role of supply and demand in determining the value of goods and services, to the valuation of cryptocurrencies? How does the decentralized nature of cryptocurrencies affect their valuation according to Smith's principles? Can we consider cryptocurrencies as a form of 'invisible hand' in the digital economy?