Armand ShemaDec 31, 2021 · 3 years ago6 answers Can Adam Smith's theories be applied to the principles of cryptocurrency trading?
How can Adam Smith's theories, such as the invisible hand and free market principles, be applied to the principles of cryptocurrency trading? Can his ideas of self-interest and competition explain the behavior of traders in the crypto market? Are there any limitations or differences when applying Smith's theories to the highly volatile and decentralized nature of cryptocurrencies?