# Mass adoption

`kaal:entity:mass-adoption`

**Status.** derived

This node is assembled mechanically from the 6 claims that carry the concept tag `mass-adoption`. 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

6 claims across 4 works, 2019 to 2021.

**2019**

- [3396522-019](https://wulfkaal.github.io/claims/3396522-019) [failure/argued] *(failure mode)* -- The cryptocurrency market structure is fundamentally convoluted because each project requires its own volatile token, which is equivalent to forcing grocery shoppers to buy a different currency for every store and every product.
  > The market structure of cryptocurrencies from its inception to 2019 can be compared to mandating customers who wish to purchase groceries to purchase a different currency for each store they visit and for each product chosen in such store.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3396522-036](https://wulfkaal.github.io/claims/3396522-036) [failure/argued] *(failure mode)* -- Mass adoption fails at the user level: the average user will not identify, research, and purchase diverse sets of tokens even where those tokens would create value, because the existing cryptocurrency market structure is simply too cumbersome.
  > The average user is unwilling to identify, research, and purchase diverse sets of tokens, even if their application and use cases would create value. The existing market structure for cryptocurrencies is simply too cumbersome for the average user.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3396522-037](https://wulfkaal.github.io/claims/3396522-037) [condition/argued] -- Non speculator lay people will not use cryptocurrencies for daily consumption, groceries, or banking transactions unless the value of the currency is stable; stability is a precondition of ordinary consumer use, not merely a convenience.
  > In other words, non- speculator lay people are not going to use cryptocurrencies for their daily consumption tasks, payment of groceries, banking transactions, among other examples, if the value of their cryptocurrency is not stable.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3406323-021](https://wulfkaal.github.io/claims/3406323-021) [failure/argued] *(failure mode)* -- Mass adoption of decentralized protocols will remain out of reach so long as users must discern and manage public and private keys to wallets, because user access and usability fall short of mass adoption needs.
  > It will be very difficult to educate the public sufficiently to seamlessly adopt decentralized protocols in their daily life if users have to discern and manage public and private keys to wallets, among other concerns.
  Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323
- [3411897-026](https://wulfkaal.github.io/claims/3411897-026) [failure/argued] *(failure mode)* -- Without intuitive consumer access points comparable to iTunes, decentralized systems cannot reach mainstream consumer adoption, because users currently must manage their own security, keys, and wallets.
  > Without such intuitive consumer support access points, it is difficult to see how decentralized systems can ever reach mainstream consumer adoption.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

**2021**

- [3949098-032](https://wulfkaal.github.io/claims/3949098-032) [condition/argued] *(failure mode)* -- Without standards for digital assets it will be very difficult to increase regulatory certainty or coordinate market activity, and without regulatory certainty the digital asset market is less likely to evolve.
  > Without standards for digital assets, it will be very difficult to increase regulatory certainty in the digital asset space and coordinate market activity. Without regulatory certainty the market for digital assets is less likely to evolve.
  Wulf A. Kaal, Reputation as Capital – How DAOs Upgrade Finance (2021). SSRN: https://ssrn.com/abstract=3949098

## 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/mass-adoption.md | sha256sum

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