[it_does_follow]

> enforced by a social contract

At the end of the day every thing that is truly "enforced" is ultimately enforced by violence.

I can promise that if patents where enforced only by social contract they would be meaningless. Larger corporations do not care about their social relations, but do care if you can have the legal authority to punish them for infringement.

You can write your contract on a napkin and if someone is willing to hurt someone else (materially, physically or otherwise) for violating that, that contract will be enforced.

This is just one of the many cases where the block chain, while interesting technology, has very few uses because there are very few cases were we have a problem with the media the contract is written in rather than the overall enforcement of the contract.

[thinkingemote]

This makes me think of organised crime, drugs etc, the black market, money laundering which loves crypto too.

Perhaps they seek to hype it up to become the operators of the monopoly of violence in this frontier?