> who fenced it off back at the beginning
More like: Whose henchmen ran off the farmers working that land at the beginning, or alternatively declared it their own and started demanding taxes at swordpoint from those farmers.
Re:The GNU Name System
by southerntofu on Tuesday February 01, 2022 @07:08AM
(#30161472)
Thanks for the explanation, i understand your point better. To be clear, i'm also strongly opposed to private property, i just didn't understand that's the point you were trying to make.
The problem with land titles is very similar to the problems with domain auctions. The problem is unchecked first-come-first-served. Whoever happened to put a fence around that bit of land 300 years ago got to own it. Now 300 years later, we don't get the same privilege because all land in existence was already fenced around. Instead we have to beg someone who got some land from someone who got some land from someone who got some land from someone who got some land from someone who got some land from someone who got some land from someone who fenced it off back at the beginning. And it is the same with most cryptocurrencies, and it will be the same with Handshake names.