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A blockchain is not a state. A state is a political entity that rules a territory through the monopoly of violence.
by lottin 1y ago
A blockchain is not a state. A state is a political entity that rules a territory through the monopoly of violence.
- immibis 1y agohttps://write.as/no-time-like-tomorrow/a-blockchain-is-a-state https://write.as/no-time-like-tomorrow/a-blockchain-is-a-sta...
- lottin 1y agoSorry 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.