> That's why the whole [fiat] system works -- because of the threat of violence. > Crypto doesn't have that ... for now. Subtle! The word violence has many e

> That's why the whole [fiat] system works -- because of the threat of violence. > Crypto doesn't have that ... for now. Subtle! The word violence has many euphemisms, but you are using the word violence here as a euphemism for the power of the state to enforce its laws. You can argue about the laws themselves (as we all do) but to not enforce the law is anarchy.