# kaal:claim:3406323-013

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

- decentralized cryptocurrency platforms competing with centralized platforms

**Source quote.**

> 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.

**From.** Wulf A. Kaal, *Decentralization - A Primer on the New Economy* (2019), IV. Opportunities, page 9

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

**Verify.** sha256 of source PDF `6293780b57a1ae1de17ec00f99cc94295d4f72ea4d08b17a5c08c44772b221db` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralization%20-%20A%20Primer%20on%20the%20New%20Economy.pdf

**Topics.** economics

**Keywords.** platform-fees, rent-seeking, worker-compensation, market-efficiency

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3808867-034
- extends: https://wulfkaal.github.io/claims/3128900-039
- extends: https://wulfkaal.github.io/claims/3128900-035

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