# Hardcoded policy

`kaal:entity:hardcoded-policy`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `hardcoded-policy`. 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 1 works, 2019 to 2019.

**2019**

- [3396522-024](https://wulfkaal.github.io/claims/3396522-024) [mechanism/argued] -- Stable cryptocurrencies escape part of the lobbying problem by hardcoding their policy rationales and outcomes into the protocol, which limits the amount of lobbying that can influence policy decisions.
  > By making part of their policy rationales and outcomes hardcoded solutions, stable cryptocurrencies limit the amount of lobbying that can affect policy decisions.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3396522-026](https://wulfkaal.github.io/claims/3396522-026) [failure/argued] *(failure mode)* -- Full hardcoding is impossible: no stable cryptocurrency can encode all required policies and policy actions with full transparency, because future policy needs cannot be anticipated ex ante.
  > No stable cryptocurrency can hardcode all required policies and policy making actions with full transparency as future policy cannot be fully anticipated ex ante, before the needs occur.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

## 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/hardcoded-policy.md | sha256sum

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