kem hiNov 26, 2021 · 3 years ago9 answers Can the invisible hand theory explain the volatility of the cryptocurrency market?
Is it possible to explain the high volatility of the cryptocurrency market using the concept of the invisible hand theory? How does the invisible hand theory, which suggests that the market will naturally find equilibrium through the actions of self-interested individuals, apply to the cryptocurrency market? Can the decentralized nature of cryptocurrencies and the absence of a central authority impact the stability of the market?