kaal:claim:3406323-024

Because of their disciplining and market stability enhancing effects, stable cryptocurrencies form the backbone of the financial technology infrastructure required for any distributed app economy and decentralized commerce to emerge.

Source quote, verbatim

Because of their disciplining and market stability enhancing effects, stable cryptocurrencies are part of the financial technology infrastructure that will form the backbone of any emergence of the distributed app economy and decentralized commerce.

From

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), VI. Evolution, p. 13
https://ssrn.com/abstract=3406323 · source PDF

Cite as

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

Holds when

emergence of a distributed app economy and decentralized commerce

Classification

conditionsupport: arguedtokenomicsdecentralizationeconomics

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