# kaal:claim:3396522-018

**Claim.** Stability drives a causal chain in commerce: the more stable a cryptocurrency, the more it proliferates, and the more stable cryptocurrencies proliferate in commerce, the less able corruption is to destroy economic growth, making the degree of currency stability negatively correlated with corruption.

**Type.** mechanism  **Support.** argued

**Source quote.**

> The more stable a cryptocurrency is, the more likely it is to proliferate.137 In turn, the more proliferation of stable cryptocurrencies occurs in commerce, the less likely it is for corruption to destroy economic growth.

**From.** Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, *Stable Cryptocurrencies* (2019), IV. Stable Cryptocurrencies, 4. Counteracting Corruption, page 32

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

**Verify.** sha256 of source PDF `ef5031b16aa53476ed618f0bdf92601cd4affb893692c701134bd9cba3ea8acf` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20et%20al.%20-%202019%20-%20Stable%20Cryptocurrencies.pdf

**Topics.** economics

**Keywords.** corruption, price-stability, adoption, economic-growth, commerce

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.