kaal:claim:3396522-033

Decentralization technology is unlikely to proliferate without a core use case beyond store of value; banking, money transmission, and triple entry accounting are natural use cases but fall short of being universal use cases for public blockchains.

Moreover, without a core use case, other than the store of value, decentralization technology is less likely to proliferate.

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019), IV. Stable Cryptocurrencies, 9. Enabling Global Decentralized Commerce, p. 41
https://ssrn.com/abstract=3396522 · source PDF

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

conditionsupport: arguedfailure: missing-core-use-casefamily: cold-start-and-bootstrappingblockchaindecentralization

• restated_by kaal:claim:3406323-020 Without a core use case other than the store of value provided by Bitcoin, decentralization technology is less...
• restated_by kaal:claim:3411897-025 Without a core use case beyond Bitcoin's store of value function, decentralization technology is less likely t...

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• Qualification: Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters Matter?