# kaal:claim:3782201-029

**Claim.** Regulatory approaches of the early 2020s largely undermined the evolution of decentralized technology, because decentralized solutions at their core negate external control, censorship, and oversight while the legal initiatives treated government control as indispensable.

**Type.** failure  **Support.** argued

**Holds when.**

- United States regulatory initiatives of the early 2020s focused on securities tokens

**Source quote.**

> Yet, decentralized technology solutions, at their core, negate external control, censorship, and oversight. Accordingly, the then-proposed approaches largely under- mined the evolution of decentralized technology.

**From.** Craig Calcaterra, Wulf A. Kaal, *Future of Decentralization* (2021), Path dependencies, page 25

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

**Verify.** sha256 of source PDF `bedf7bcfbb7a9b0112b5848cb0d941b1d41f330dafeee0143a30ff5e8aa53700` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Future%20of%20Decentralization.pdf

**Failure mode.** regulatory incompatibility  (family: innovation-chilling)

**Topics.** securities-law, decentralization

**Keywords.** regulation, securities-law, decentralization, regulatory-obstacle

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3808873-023

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