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> the coincidence of "we have the guns" with "we issue the ponzi tokens" is probably not the only way to enforce the law. Not "the only way", perhaps, but AFAI
by CRConrad 5y ago
> the coincidence of "we have the guns" with "we issue the ponzi tokens" is probably not the only way to enforce the law.
Not "the only way", perhaps, but AFAICS the only way that makes sense. Sure, "the law is an ass" and "the querns of law grind exceedingly slow" and all that... But still, it's the worst alternative except for having no law, right?
So if you want the rule of law, the law needs to have the biggest guns. And why would anyone want anyone but the law to issue the tokens of lawful commerce?