# kaal:claim:3808852-042

**Claim.** The crypto movement illustrates the feedback effects between types of decentralization: its political philosophy could not be instantiated without technological decentralization in the form of cryptocurrencies, the combination created new markets, and the movement then created new organizational forms in DAOs.

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

**Holds when.**

- describes the crypto movement of the late 2010s

**Source quote.**

> The particular political philosophy could not be instantiated without a form of technological decentralization, that is cryptocurrencies, which the movement believed to be immune from governmental control.

**From.** Wulf A. Kaal, *Decentralization and Feedback Effects* (2021), VI. Societal Decentralization, page 27

**Cite as.** Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

**Verify.** sha256 of source PDF `31e91158fdeefebc2f0be54ebf89751f7cdd4c89ecea932888f5ba9be6b1caba` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Decentralization%20and%20Feedback%20Effects.pdf

**Topics.** institutional-design, dao

**Keywords.** crypto-movement, feedback-effects, cryptocurrency, dao

**Related claims.**

- specializes: https://wulfkaal.github.io/claims/3411897-004

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