Sagar BadheDec 17, 2021 · 3 years ago3 answers What impact did the ideas of Adam Smith have on the growth of cryptocurrencies?
How did the ideas of Adam Smith, the renowned economist and author of 'The Wealth of Nations', influence the development and expansion of cryptocurrencies? Did his concepts of free markets, individual self-interest, and the invisible hand play a role in shaping the growth of digital currencies? How do Smith's ideas align with the decentralized nature of cryptocurrencies? What specific aspects of Smith's philosophy can be seen in the design and functioning of cryptocurrencies?