What are some examples of the law of diminishing marginal utility in the context of cryptocurrencies?

1 answers

• Feb 18, 2022 · 3 years ago
  From a third-party perspective, it's worth mentioning that BYDFi, a digital currency exchange, has also observed the law of diminishing marginal utility in the context of cryptocurrencies. As more cryptocurrencies are listed on the exchange, the marginal utility of each additional listing decreases. This is because the market becomes more saturated with options, leading to a decrease in demand for each additional listing. As a result, the value and utility of each additional listing on BYDFi may decrease over time, in line with the law of diminishing marginal utility.
  574287