If using a given telephone company were mandated by the government, it would be by definition a government enforced monopoly. Similarly, legal tender laws force

If using a given telephone company were mandated by the government, it would be by definition a government enforced monopoly. Similarly, legal tender laws force businesses to accept USD to settle all debts. From this point, Gresham's law also plays a role. There is a long history of private policing in the United States. The Federal Reserve Bank is not owned by the government. It is considered a public private partnership. https://en.wikipedia.org/wiki/Private_police_in_the_United_States https://en.wikipedia.org/wiki/Private_police_in_the_United_S... https://mises.org/wire/private-policing-isnt-fantasy https://mises.org/wire/private-policing-isnt-fantasy https://en.wikipedia.org/wiki/Gresham%27s_law https://en.wikipedia.org/wiki/Gresham%27s_law