kaal:claim:3406323-013

Because decentralized cryptocurrency platforms have lower cost structures, they can remove the consumer fees integral to centralized competitors, which eradicates downward pressure on platform worker compensation and creates a more efficient marketplace by removing rent seeking intermediaries.

Removing such centralized fees also allows for the eradication of downward pressure on the platforms' worker compensation. The lack of fees can help create a more efficient marketplace through the removal of the rent seeking intermediators.

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), IV. Opportunities, p. 9
https://ssrn.com/abstract=3406323 · source PDF

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

• decentralized cryptocurrency platforms competing with centralized platforms

mechanismsupport: arguedeconomics

• restated_by kaal:claim:3808867-034 Because decentralized platforms can remove the consumer fees that are integral to their centralized competitor...
• extends kaal:claim:3128900-039 Removing centralized fees produces a more efficient marketplace for workers, verifiers, and requesters alike b...
• extends kaal:claim:3128900-035 Centralized mechanical turk marketplace leaders operate as rent seeking intermediaries that generate numerous ...

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