John HNov 26, 2021 · 3 years ago4 answersAccording to classical economists like Adam Smith, how do cryptocurrencies fit into the concept of free markets?
According to classical economists like Adam Smith, how do cryptocurrencies fit into the concept of free markets? How do these digital currencies align with the principles of supply and demand, competition, and the invisible hand? What impact do they have on market efficiency and the role of intermediaries? Are there any potential drawbacks or risks associated with cryptocurrencies in free markets?
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