# Intangible value

`kaal:entity:intangible-value`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `intangible-value`. 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, 2019 to 2019.

**2019**

- [3405401-021](https://wulfkaal.github.io/claims/3405401-021) [condition/argued] -- Solving the trust problem in decentralized commerce requires an intangible value system, not a further transferable store of value.
  > To solve the issues of trust in decentralized commerce, an intangible value system is needed.
  Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401
- [3406323-035](https://wulfkaal.github.io/claims/3406323-035) [mechanism/argued] -- Reputation avoids the recentralization dynamic that afflicts currencies because it must be earned and can be lost yet cannot be converted into a fungible store of value exchangeable for goods.
  > Reputation as a metric and store of value does not suffer the same consequences and does not lead to centralization because it must be earned, it can be lost, yet it cannot be turned into a fungible store of value that allows the
  Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

## 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/intangible-value.md | sha256sum

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