kaal:claim:3396522-028

The authors qualify their own case: stable cryptocurrencies can experiment with monetary policy on an unprecedented scale only because they are insulated from real world complexities and political positioning, and that advantage shrinks once real world market factors actually apply to them.

Source quote, verbatim

This allows them to experiment with monetary policy tools on an unprecedented scale. Such experimentation is limited if and when real-world market factors pertain to such stable cryptocurrencies.

From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019), IV. Stable Cryptocurrencies, 7. Price Stability, p. 39
https://ssrn.com/abstract=3396522 · source PDF

Cite as

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

Holds when

applies as stable cryptocurrencies scale into real world use

Classification

failuresupport: arguedfailure: experimentation-advantage-erodes-at-scalefamily: scalability-and-throughput-limittokenomicssystemic-risk

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