Appel MelendezDec 27, 2021 · 3 years ago2 answersDoes the law of decreasing marginal utility apply to the adoption and acceptance of cryptocurrencies?
In the context of cryptocurrencies, does the law of decreasing marginal utility, which states that the satisfaction derived from consuming additional units of a product decreases as the quantity consumed increases, apply to the adoption and acceptance of cryptocurrencies? Does the initial excitement and interest in cryptocurrencies diminish over time as more people adopt them? Are there any factors that contribute to this decrease in utility?
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