# Digital currencies

`kaal:entity:digital-currencies`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `digital-currencies`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2017 to 2019.

**2017**

- [2998033-024](https://wulfkaal.github.io/claims/2998033-024) [mechanism/argued] -- Even though crypto investments can be as volatile as or more volatile than traditional investments, digital currencies may still serve as a hedge against traditional investments because they are not tied to equity market movements.
  > Although crypto investments can to be just as and more volatile than traditional investments, digital currencies might be used to hedge against traditional investments.
  Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

**2019**

- [3409548-029](https://wulfkaal.github.io/claims/3409548-029) [condition/argued] -- Digital currencies can serve as a hedge against traditional investments even though crypto investments can be as volatile as or more volatile than traditional ones, because they are not tied to the vicissitudes of the equity markets.
  > Although crypto investments can be just as and more volatile than traditional investments, digital currencies might be used to hedge against traditional investments.
  Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/digital-currencies.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.