What are cryptocurrencies & how do they affect business & industrial economics?
Could you elaborate on the concept of cryptocurrencies and their potential impact on the business and industrial economics landscape? Specifically, how do they function differently from traditional currencies? What are the key factors that drive their value? Moreover, how do cryptocurrencies influence the way businesses operate, from financing to cross-border transactions? Are there any significant risks or challenges associated with their adoption? Lastly, what role could cryptocurrencies play in shaping the future of industrial economics, particularly in terms of innovation and disruption?