entity · derived
Price stability
Derived node: assembled mechanically from the claims carrying price-stability. A roster, not an adjudicated definition.
Every claim under this term
- 3396522-018 : Stability drives a causal chain in commerce: the more stable a cryptocurrency, the more it proliferates, and the more stable cryptocurrencies proliferate in commerce, the less able corruption is to de
- 3396522-023 : Central bank price stability is elusive for two structural reasons: central banks are constantly lobbied to move money supply away from equilibrium, and even absent lobbying they face information asym
- 3396522-031 : Currency stability should be used as the consumer facing proxy for interoperability, because teaching the public to value stability is easier than educating it about the blockchain technology that pro
- 3396522-034 : A decentralized crypto economy requires a stable coin because no rational party will risk wealth on a long term contract denominated in a volatile currency: neither renter nor landlord will sign a lea
- 3396522-037 : 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 co
- 3396522-040 : The authors adopt Schilling and Uhlig's result that official money and cryptocurrencies can co-exist in a manner consistent with stability, rejecting the framing that private currency and central bank
- 3402701-001 : A currency that does not hold a stable store of value forces continual recalculation and renegotiation of contracts, so any future decentralized economy will require stable cryptocurrencies.
- 3402701-008 : Under the quantity theory of money, minting twice as much currency halves its price and burning half of the existing currency doubles it, which is the mechanism by which a supply rule can theoreticall
- 3402701-018 : Because most of the value of contemporary cryptocurrencies comes from speculation on future uses that do not yet exist, the vast majority of cryptocurrency is technically hot money, and reserves are t