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> My band of thugs however would offer people the ability to buy protection from your band of thugs.

Thereby reinventing the police

> I may even be inclined to write down some rules and introduce a process to resolve conflicts without unnecessary damage to people and property.

and the courts.

But maybe that was your point?



Indeed it was :)

With a big enough population at least one government and a basic bureaucracy will be formed by someone.

A few people in the Blockchain space seem to think that technology can fundamentally change that.


Ah, I thought so! And I agree!

I'm hopeful that when the Ponzi schemes fade away, we'll end up with a slightly more informed populace that has inadvertently received an introduction to political science, state-building, the origins of power, etc. Civics teachers take note! :)


Almost the entire populace will be more informed -- except for the Ponzi-"coin" proponents, because they're busy innoculating themselves against reason by... Well, being Ponzi-"coin" proponents; strengthening their own biases by debating in favour of these ludicrous schemes. Like, right here on this page.




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