[esotericn]

The users of a cryptocurrency are able to ignore the 'legal ownership' rules, though - they implicitly opt-in by using the system.

This is the key distinction between actually using _Bitcoin_ (i.e. running a full node and creating transactions), and using custodial Bitcoin (outsourcing it all to a third party using legal constructs).

If you're saying that the users of the cryptocurrency can't opt-out of the legal system - sure, no-one can opt out against men with guns (in practice what ends up happening is everyone hiding under pseudonyms and introducing a whole bunch of friction in an attempt to do it anyway).

I suppose my comment is intended to illustrate that this is all a sort of shell game played by non-participants.

Essentially, lawyers trying to glue themselves onto and extract consulting fees or whatever from a system which does not require them.

Repeated again for the sake of clarity - if men with guns ultimately decide transactions on the blockchain, the entire system is pointless. We can just delete it. We don't need the horrendously expensive resolution mechanism of PoW in that case, because there's already a resolution mechanism, that of men with guns.