Wendy McElroy: From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence

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The Satoshi Revolution: A Revolution of Rising Expectations
Section 5: Saving the World Through Anarchism
Chapter 11, Part 9
From Drugs to Gold and Prostitution, the Blockchain Minimizes Violence

The most obvious objection to relying on self-defense…and restitution to prevent and rectify rights violations, is that these measures will be inadequate to deter criminals…Most people fail to appreciate the fundamental obstacles placed in the path of crime prevention by the perverse logic of public property, public law enforcement, and public imprisonment. Step one: start with public streets, sidewalks, and parks where every citizen must be permitted unless proved guilty of a crime. Step two: rely on an inherently inefficient public bureaucracy to catch,…