kaal:claim:3402701-009

The quantity theory calculations behind minting and burning hold only in the ideal case; in practice the success of a stabilization scheme depends on how the money is actually printed, distributed or burned.

Such calculations are only valid in the ideal. In practice, the scheme's success depends on how the money is printed and distributed or burned

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019), 3.1 CURRENCY MINTING AND BURNING, p. 16
https://ssrn.com/abstract=3402701 · source PDF

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701

conditionsupport: arguedfailure: ideal-model-implementation-gapfamily: research-design-limitationinstitutional-design

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