Re:Crypto-Anarchism
by jokethrowaway on Saturday February 27, 2021 @02:30PM
(#26287449)
You can privatise protection and arbitration, removing a central arbitrator
Speculation is enabling to non-coercive frameworks. If I say a token has a use value that I will use to supply goods and services, you may want to acquire that token. If I can also control issuance and supply of that token, then, short of direct threats of violence or enslavement, you must negotiate with me or with a marketplace.
Most of the ill in the world has something to do with gatekeeping replacing speculative activity.
Without rules, without a centralized arbitrator of consequences for breaking rules including the arbitrator, the bad part of human nature will prevail and destroy stability in the long run.
ex) Communism, anarcho-cults, narco-anarchy