News for hackers. Stuff that matters.

A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by SigmundA on Monday February 08, 2021 @10:03AM (#26065374)
Because thats whats happens when you don't have a government, either one will come in and become your government through force, or you become a government with enough force to prevent take over.

Some entity (state) has to have the monopoly on violence to enforce laws or there are no enforceable laws.

[ Parent | on HN ]
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by mvc on Monday February 08, 2021 @10:38AM (#26065912)
Exactly! You can have "total liberty" to the extent that you can defend it. Since the cost of defending it against nation states (or frankly even against well-resourced pirates) is so high, most people group together and form their own nation state.
[ Parent | on HN ]