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> How else do you expect to enforce it? The protection of private property without violence may be considered the innovation behind Bitcoin. Big deal.
by mattwilsonn888 4y ago
> How else do you expect to enforce it?
The protection of private property without violence may be considered the innovation behind Bitcoin. Big deal.
- lottin 4y agoBitcoin doesn't protect private property.
- mattwilsonn888 4y agoPerhaps not literally. It certainly doesn't summon automated turrets in meat space. Good luck confiscating properly digitized reserves.
- lottin 4y agoSure, except that enforcing property rights hinges on the ability to confiscate the stolen or misappropriated assets. The harder the assets are to confiscate, the harder it is to enforce ownership of those assets.