Gopalan OppiliappanDec 25, 2021 · 3 years ago2 answers Which cryptocurrencies are most affected by the substitution effect on demand?
In the world of cryptocurrencies, the substitution effect on demand refers to the phenomenon where users switch from one cryptocurrency to another based on factors like transaction fees, speed, and security. Which cryptocurrencies are most impacted by this substitution effect on demand? How do these factors influence users' decisions to switch between cryptocurrencies?