[jksmith]

Did you read the paper? There exists a technology that has purely enforceable property rights. What is that actually worth? I don't know.

Yeah yeah, I've read the arguments about liquidity issues, shutting down the rails, making it illegal to trade, etc. but that's beside the point and depends on a thousand future variables to play out. So I don't know if btc will make it or not, but I do know property rights mean everything to humans. They literally determine whether not one is a slave (I am my own property). So just the ability to have a technology enables pure property rights to a world where nobody really has enforceable property rights over anything seems pretty interesting to me.

[nradov]

Property rights are enforced with guns.

[logicchains]

That's why Monero is superior; no amount of guns is going to help somebody steal property that they don't know you have.

[jksmith]

So is theft. Depends on who has the most guns.

[munksbeer]

> So just the ability to have a technology enables pure property rights to a world where nobody really has enforceable property rights over anything seems pretty interesting to me.

Bitcoin doesn't enforce property rights. The only thing you own is your bitcoin. The fact that I "own" my house and the land it is built on is enforced by the state with guns.

[jksmith]

You're not getting what I'm saying. Before this technology, the concept of property rights could not be defended, depending on the attacker. This tech allows that, even if it is just for one use case.