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A comment on Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B. Parent comment

Re:Sleeping beauty Bitcoin wallets wake up after 14 years to... by lottin on Saturday July 05, 2025 @04:52AM (#44471189)
A blockchain is not a state. A state is a political entity that rules a territory through the monopoly of violence.
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Re:Sleeping beauty Bitcoin wallets wake up after 14 years to... by immibis on Saturday July 05, 2025 @10:00AM (#44472867)
https://write.as/no-time-like-tomorrow/a-blockchain-is-a-sta...
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Re:Sleeping beauty Bitcoin wallets wake up after 14 years to... by lottin on Saturday July 05, 2025 @12:31PM (#44473814)
Sorry to say, but you're deluded. A blockchain is made of "information". Information has no coercive power. A blockchain can't enforce laws. It can't stop illegitimate violence. It can't perform any of the functions of a state. Not even remotely.
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