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by yupyupyups 394 days ago
Thinking of cryptocurrencies, and trade with them, as the wild west, it shows that many people out there will turn into absolute animals and take the rights of others if the law wasn't there holding a gun to their heads to keep them in check.
2 comments

These events will cause crypto to reinvent the entire financial and legal system then :)
I mean kidnapping is still illegal.

What’s a crypto based legal system look like? I’m thinking maybe your sentence fluctuates depending on how many people have been released recently.

Maybe clever kids can fork their own legal systems?

by removing more of the legal system
... but (hopefully) without the insane amount of its historical baggage.
Not really, though. Kidnapping and extortion are still illegal. The law, gun to the head included, is still there. If anything, this just shows what might happen if personal wealth is detailed on a public ledger.