# kaal:claim:3402701-038

**Claim.** 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.

**Type.** condition  **Support.** argued

**Holds when.**

- long-term stability of a governed group

**Source quote.**

> 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, page 28

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

**Verify.** sha256 of source PDF `72ed2581b4cac2bd18a5b2640be959487a3cbc34c86ab5e5664924bcdb53c8e0` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20et%20al.%20-%202019%20-%20Stable%20Cryptocurrencies%20-%20First%20Order%20Principles.pdf

**Topics.** governance-design

**Keywords.** transcendental-values, governance, folk-theorems, long-term-stability

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3782192-019
- extended_by: https://wulfkaal.github.io/claims/3782220-001
- extended_by: https://wulfkaal.github.io/claims/3782203-002

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