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Re:Critical Update on DAO Vulnerability by Analemma_ on Friday June 17, 2016 @11:44AM (#11923300)
This is fascinating. How do ancaps propose that DRO's will enforce their judgments? With violence? What's to stop the losing party from just gathering a bigger militia and shooting back to prevent collection?
Re:Critical Update on DAO Vulnerability by programmarchy on Friday June 17, 2016 @02:26PM (#11924517)
The most effective way is likely ostracism, or some other penalty based on reputation. If someone doesn't pay their debts, people just stop trading with them. I'd posit that most people are interested in restitution, rather than punitive measures, which would be the primary goal of a DRO -- making the victim whole again. This is why DROs would likely function similar to an insurance agency.

The non-aggression principle is a central tenet in ancap philosophy which would preclude violence in most cases, however, it is permitted in self defense of ones person or property. Still, most people who subscribe for a DRO probably aren't going to want to pay the high costs for a standing militia. Would you voluntarily pay taxes for the War on Terror, or the numerous other military boondoggles across the globe, if you had a choice and knew the actual costs?

This ventures into the territory of private defense agencies, which decentralize security services, and is a deeper subject. If you want to dive in, I'd suggest Michael Huemer's book "The Problem of Political Authority: An Examination of the Right to Coerce and the Duty to Obey" in which he debunks the Hobbesian war of all against all scenario. "Practical Anarchy" by Stefan Molyneaux is also a decent (and free to read) overview of how ancap voluntarism could work, but Huemer's arguments are more comprehensive.

Re:Critical Update on DAO Vulnerability by vkou on Friday June 17, 2016 @03:51PM (#11925139)
"If someone doesn't pay their debts, people just stop trading with them."

... Unless that impacts their bottom line. In reality, this is unsolvable - if it were, boycotts, divestments, and employer blacklists would be far more effective. You can always find scabs that will compromise on principle in order to put food on their table.

Re:Critical Update on DAO Vulnerability by xg15 on Friday June 17, 2016 @07:13PM (#11926108)
> The non-aggression principle is a central tenet in ancap philosophy which would preclude violence in most cases, however, it is permitted in self defense of ones person or property.

What if someone disagrees with the non-agression principle or uses a very liberal definition of "self defense"? If I'm the only one who is permitted to use violence to defend myself, does this mean I have to carry a weapon with me at all times (and hope the other one doesn't have a bigger gun/has hired the more expensive security force)?

Re:Critical Update on DAO Vulnerability by qwtel on Friday June 17, 2016 @01:44PM (#11924211)
The collection could be written as part of the smart contract that wants to use the service of the DRO (of course that part would have be be bug-free…).

Generally, I think ancaps would argue that violence wouldn't occur because it is too costly (as they do in the context of private defence agencies [1]).

Anyway, I believe this argument is flawed, in the sense that people have resorted to violence, despite the fact that it was nonsensical in economic terms (I'm looking for the quote of some prominent intellectual who argued around ~1914 that no big war could ever happen again, because it would be devastating in economic terms. He was proven both wrong and right in the sense that it indeed was devastating for the economy and that it occurred anyway as we know. If somebody knows the name of this gentleman please let me know).

[1]: https://en.wikipedia.org/wiki/Private_defense_agency

Re:Critical Update on DAO Vulnerability by programmarchy on Friday June 17, 2016 @02:33PM (#11924577)
A counter-argument is that most of the American population did not want to enter either of the world wars, but were dragged into it by state and corporate interests who, unlike the general population, did stand to profit enormously from the war. PDAs would not have the authority to do this.
Re:Critical Update on DAO Vulnerability by xg15 on Friday June 17, 2016 @07:23PM (#11926146)
As far as I understood it though, ancap wouldn't forbid any of the corporations that did profit from the war. (Or, in fact couldn't forbid it as this is the whole point). So what would prevent those corporations from engaging in the same war propaganda that the states did?