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 "@id": "https://wulfkaal.github.io/positions/2026-07-31-6343",
 "identifier": "kaal:position:2026-07-31-6343",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming The Law And Economics Of Blockchain 86Ebff8Ab6",
 "text": "The Law and Economics of Blockchain presents the following source proposition: The advent of initial coin offerings has implications not only for how firms are financed but also for securities law in regulating such offerings. This proposition is pertinent to Kaal's source-bound claim that Although federal securities law is the main instrument countries use to regulate ICO technology, there is also concern about regulating exchanges, which may fall outside federal securities laws at least in part. 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.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
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 "datePublished": "2026-07-31",
 "dateModified": "2026-07-31",
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  "defi",
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  "scholarly-literature",
  "openalex"
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  "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: 0.415.",
  "The source-to-claim mapping remains explicitly ambiguous and is published with that limitation."
 ],
 "currentDebate": {
  "name": "The Law and Economics of Blockchain",
  "url": "https://doi.org/10.1146/annurev-lawsocsci-011921-060322"
 },
 "extends": {
  "identifier": "kaal:claim:3117224-017",
  "url": "https://wulfkaal.github.io/claims/3117224-017",
  "citation": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224",
  "paper": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2018",
  "ssrn": "https://ssrn.com/abstract=3117224",
  "source_pdf_sha256": "83e9ccb9219a217d9fcfc5c098b897229ee7cf85623bee3ae22d2e986548466b"
 },
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   "@id": "https://wulfkaal.github.io/claims/3117224-017"
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  {
   "@type": "CreativeWork",
   "name": "The Law and Economics of Blockchain",
   "url": "https://doi.org/10.1146/annurev-lawsocsci-011921-060322"
  }
 ],
 "batch_id": "kaal-review:2026-07-31:streaming-etl-0004",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
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 "canonical_url": "https://wulfkaal.github.io/positions/2026-07-31-6343",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-07-31-6343.md",
 "candidateId": "kaal:response-draft:2026-07-31:10280fbdda5de3a86612",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "moderate-confidence claim review",
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 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: law, initial, coin, offerings, also, securities, regulating, such. Scope: top 25 ICO countries.",
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  "sourceRecordId": "https://openalex.org/W4285802731",
  "queryId": "concept:ee778ad15ea3",
  "queryText": "decentralized autonomous organization",
  "canonicalUrl": "https://doi.org/10.1146/annurev-lawsocsci-011921-060322",
  "doi": "10.1146/annurev-lawsocsci-011921-060322",
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  "workId": "work:doi:10.1146/annurev-lawsocsci-011921-060322",
  "workAuthors": [
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    "rank": 1,
    "confidence": 0.415,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: law, initial, coin, offerings, also, securities, regulating, such. Scope: top 25 ICO countries.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3117224-015",
    "claimUrl": "https://wulfkaal.github.io/claims/3117224-015",
    "rank": 2,
    "confidence": 0.4103,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: law, economics, initial, coin, offerings, only, but, securities. Scope: 2017 data; top 25 ICO countries.",
    "ambiguous": true
   },
   {
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    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: law, initial, coin, offerings, has, firms, securities, business. Scope: the 2019 market cycle peak.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3117224-022",
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    "rank": 4,
    "confidence": 0.4043,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, initial, coin, offerings, has, distributed, ledger. Scope: United Kingdom.",
    "ambiguous": true
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   {
    "claimId": "kaal:claim:3117224-028",
    "claimUrl": "https://wulfkaal.github.io/claims/3117224-028",
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    "confidence": 0.4015,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: law, initial, coin, offerings, not, only, but, securities. Scope: Germany; BaFin securities supervision.",
    "ambiguous": true
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 "userAffirmation": "I affirm batch kaal-review:2026-07-31:streaming-etl-0004, SHA-256 76656a95748a5e70056673ed7e170eaf52eb7b843129dad96311bc6e84b0ce9f, as written and authorize publication of all 250 response claims on my canonical property, preserving their evidence levels, ambiguity labels, provenance, and the unchanged 5,033 scholarly claims.",
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