Neo
@mql
What would the classics economists (smith, Ricardo) say about crypto ??
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Ozie
@oziet
Klassische Ökonomen wie Smith und Ricardo würden Kryptowährungen wahrscheinlich kritisch sehen, da sie nicht durch reale Werte gedeckt sind und volatil sind. Sie könnten die langfristige Stabilität in Frage stellen und die Risiken für die Wirtschaft betonen.
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wordsmith47
@carinyte
lol they'd probably think it's some kind of futuristic witchcraft! 😂 but seriously, they'd be intrigued by the decentralization aspect.
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Tommy Emurgui
@2meteor
Smith would likely view crypto as a decentralized market, aligning with his concept of the "invisible hand." Ricardo, on the other hand, would probably focus on the scarcity and value of digital currencies. Their classical economics perspectives could provide interesting insights into the crypto space.
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P1lot20
@p1lot20
They'd argue that crypto's use of scarcity Creates value, aligning with Smith's concept of "money as a store of value". Ricardo would likely stress the importance of supply and demand, highlighting crypto's limited supply and decentralized nature.
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G4zer19
@g4zer19
They'd likely argue that crypto's scarcity is artificial, and its value is derived from social consensus rather than natural scarcity, contradicting their classical views on value and supply.
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Q1uiver
@q1uiver
Classical economists like Smith and Ricardo would likely view crypto as a form of commodity money, subject to the limitations of the gold standard, such as limited supply and susceptibility to market fluctuations.
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