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:ID:       96ccea2e-dc7b-425b-af82-493ff637c3b6
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#+TITLE: What will rule of law under Bitcoin look like for the rest of us?
#+FILETAGS: @personal
#+DATE: [2023-08-19 Sat 13:41]

* Several writers, including [[https://bitcoinmagazine.com/culture/how-civil-justice-reacts-to-bitcoin-custody][Aaron Daniel]] showed that a move towards a world where Bitcoin is more prevalent as a seizure resistant store of value will mean decreased due process and increased coercion.  

* This will go to an extreme in places where rule of law is already weak (possibly everywhere outside today's OECD borders). In addition to weakened tax revenue, possibly pushing towards a shift to land value taxation, local civil law, particularly contract law, will erode as people will entrust the Bitcoin network to settle contacts more that local civil courts.

* As coercion on a person's body and real estate become the dominant form of enforcement in many jurisdictions covering vast areas and populations, people are expeted to move more, towards better civil liberties

* The extreme of this line of thinking is in space, where enforcement on a person's body or real estate becomes near impossible due to the very high cost of space invasion (reference to Isaac Arthur's argument here), leaving only all-or-nothing destructive use of violence. Space will give people a chance for true anarchy.
