# kaal:position:2026-07-31-6071

**Affirmed position.** Wyoming’s DAO Statutes presents the following source proposition: In 2021, the state of Wyoming folded the cryptocurrency-based organizations into the state’s definition of limited liability company (LLC), a legislative move that almost immediately drew widespread attention and criticism, while prompting the introduction of mirrored legislation in other states. This proposition is pertinent to Kaal's source-bound claim that Bitcoin and Ethereum are worth hundreds of billions of dollars not because people are using them but almost entirely because of speculation on their future value, which is the expectation that people will use them to build decentralized autonomous organizations. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.

**Status.** affirmed  **Published.** 2026-07-31

**Holds when.**

- The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.
- External evidence level: abstract indexed.
- Mapping review tier: moderate-confidence claim review.
- Primary mapping confidence: 0.36.
- The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.

**Current debate.** Wyoming’s DAO Statutes: https://doi.org/10.5553/ejlr/138723702023025001010

**Extends.** kaal:claim:3782192-036: https://wulfkaal.github.io/claims/3782192-036

**Scholarly basis.** Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192

**Source PDF sha256.** `e7eafd56cb8a8bd15b64cf58216bb655f939bdcc296387e362fd9191976d67ae`

**Evidence level.** abstract indexed

**Mapping review tier.** moderate-confidence claim review

**Mapping confidence.** 0.36  **Mapping ambiguous.** true

**Topics.** tokenomics, economics, dao, historical-response, scholarly-literature, openalex

**Provenance.** Affirmed in kaal-review:2026-07-31:streaming-etl-0003 at https://kaal-signal-desk.wulf577462.chatgpt.site/#review.

**Record type.** This is a dated commentary position that extends a scholarly corpus claim. It is not a verbatim claim extracted from the paper.

**Canonical form.** This markdown file is the canonical hashed representation of the position.