kaal:claim:3782216-002

Because the decentralized economy currently lacks many of the civil institutions available in the larger economy, the average person should not invest anything in the crypto economy.

Source quote, verbatim
Since the de- centralized economy is currently lacking in many of the civil institutions that we enjoy in the larger economy, the average person should not invest anything in the crypto economy.
From

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), Chapter 6. Finance
https://ssrn.com/abstract=3782216 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

Holds when
Classification

normativesupport: arguedfailure: missing consumer protectionfamily: investor-protection-gapdefiinstitutional-design

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