How does the zero-sum theory of mercantilism and war impact the overall costs for individuals in the world of cryptocurrencies in the long term?

1 answers

• jebaSep 05, 2021 · 4 years ago
  The zero-sum theory of mercantilism and war can have a significant impact on the overall costs for individuals in the world of cryptocurrencies in the long term. As the theory suggests, any gain made by one party must be offset by a loss incurred by another party. In the context of cryptocurrencies, this means that as some individuals or groups accumulate wealth, others may experience losses. Additionally, war can disrupt the stability and trust in the cryptocurrency market, leading to increased volatility and potential losses for individuals. Therefore, it is important for individuals to carefully consider the potential long-term effects of the zero-sum theory of mercantilism and war on their investments in cryptocurrencies. However, it's worth noting that the impact may vary depending on various factors such as the specific cryptocurrency, market conditions, and individual investment strategies.
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