[wallacoloo]

> Markets are created by governments and don’t just spring from anywhere whole cloth.

ok, then what of the cryptocurrency drug markets? those were created by govt?

no. there’s so many instances of unorganized humans doing trade. markets are just a more organized form of trade, and goverment is but one way to achieve that organization.

[freeflight]

> ok, then what of the cryptocurrency drug markets? those were created by govt?

Indirectly yes, right now one of their biggest selling points is not being in the legal realm of government regulated markets.

If the government were to legalize drugs/endorse crypto that dynamic would heavily change, the black variants of these markets would lose quite a big part of their appeal and thus the demand for them and ultimately their market share.

> goverment is but one way to achieve that organization

There has to be some form of authority enforcing rules, or else you end up with a very anarchistic form of "market" where everything goes. That "everything" ranges from mundanities, like making a "business model" out of cheating people, to selling people like property because when there's a buyer, who has the right the stop me from selling?

[t-3]

> There has to be some form of authority enforcing rules, or else you end up with a very anarchistic form of "market" where everything goes. That "everything" ranges from mundanities, like making a "business model" out of cheating people, to selling people like property because when there's a buyer, who has the right the stop me from selling?

Your anarchy already exists, and they fight with lawyers to decide the winner. Businesses with exactly the vision you describe exist everywhere. Government enables this kind of trickery.

[freeflight]

> Your anarchy already exists

I never disputed that, but there's a difference between embracing it as a "true market" vs setting the kinds of limits that governments can set and enforce.

Because contrary to your claim;

> Government enables this kind of trickery.

There is no "trickery" going on and equating the modern day state of things, with let's for example 200 years ago, it's very easy to show how things have gotten all around better.

Selling people used to be a very wide-spread, and even government endorsed, practice. Now it's generally considered very bad thing to do and criminalized by most nations.

Sure, that does not mean it completely stopped, but claiming it only exists because governments regulate it, is just backwards logic that makes no sense: The practice of slavery was there first, it's regulation and ultimately criminalization were acts of regulation that could never have happened without some form of authority enforcing them.

[c54]

Cryptos are interestingly the one example of this, and they’ve been around for a really short time.

One of the fundamental reasons this is the case is because trading requires enforcement of property ownership, whoever is doing the enforcing is de facto the government. Private keys and smart contracts allow for ownership which need not be defended, though admittedly only over things in a limited sense. Your keys mean you own your wallet, but an NFT of a bridge doesn’t mean shit.

Most crypto volumes aren’t drugs at all, but are people buying and selling other cryptos using cryptos.

It’s going to be interesting to see if web3 bears fruit but so far that has largely not happened

[selfhoster11]

I mean, they kind of were created by the government.