Because the Folk Theorems make governance protocols permanently provisional, long-term stability requires that the group be organized around a transcendental value, a goal meaningful and commonly held that cannot be captured by any logical rule set.
Source quote, verbatim
Therefore, for long-term stability, a group must be organized around a transcendental value that guides the members' behavior
From
Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019), 3.4.4 Transcendental Values, p. 28 https://ssrn.com/abstract=3402701 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701
Holds when
long-term stability of a governed group
Classification
conditionsupport: arguedgovernance-design
Related claims
restated_bykaal:claim:3782192-019 The second necessity for long-term stability is that the organization hold to its ideals and transcendental va...
extended_bykaal:claim:3782220-001 Strong unifying values are the institution most essential to the long-term stability of a decentralized organi...
extended_bykaal:claim:3782203-002 Building effective and efficient DAOs requires three things together: a secure and meaningful reputation syste...
Verify
The quote above is an exact substring of the source PDF, whose sha256 is 72ed2581b4cac2bd18a5b2640be959487a3cbc34c86ab5e5664924bcdb53c8e0. Extraction method: pdf-text-layer. Attestation record: colloquium/attestations/fb14d8c749edc80b...json Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3402701-038.md | sha256sum