| > have people with guns show up [0] to the person with control over it It is much easier to physically confiscate cash, than it is to confiscate a wallet that you don't have the keys to. Sorry, but it just is. Yes, an arresting authority can always threaten people, with violence, but that has problem and roadblocks to it. People get mad. Courts come into the picture. And although yes it is possible it is still more difficult to do, with greater negative consequences to doing so. The point of censorship "resistance" is not to be completely immune from a mind reading mecha-hitler, who will nuke the universe if you don't give up the password to your crypto wallet. Instead, the point is to make it more difficult to confiscate assets, in more situations, such that it significantly reduces but does not stop completely, the times that assets are confiscated, as opposed to the absurd super hitler with nukes hypothetical. > that the mechanics the government uses when seizing something are exactly mechanics that would constitute stealing if they weren't backed by law. Nope. The mechanics that are used and available to the government, in real life actual examples, of how actual governments work, make it easier for those existing governments to confiscate cash as opposed to crypto. This is not about absurd hypotheticals. This is about existing government laws and implementations of those laws. Once all the governments in the world, actually change their laws such that they can now threaten to nuke the universe, if you don't give up your keys, then you can start talking about how technical solutions have zero effect on getting around existing government policies. Or, in other words, the "wrench" solution has significant drawbacks that make it difficult for current governments to implement. So it is stupid to bring that up, as some gotcha counter example, for why you think technical solutions are worthless, when talking about actual real life, as opposed to your sci-fri fantasy novel. |
No, it doesn't. Its literally what every government seizure of anything uses. It’s force or the threat thereof top to bottom. Sure, a lot of it is invisible because it is routine, but it is routine because society is adapted to the reality of the threat.
Even to the extent that you might be right, does “bitcoin disproportionately reduces the effectiveness of governments that have a strong evidentiary threshold for the application of force against those within their power” make it a good thing, likely to benefit the world by broad adoption?