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30 sats \ 2 replies \ @Rothbardian_fanatic OP 6 Aug \ parent \ on: Anarcho-Capitalism: The Nine Most Important Objections Politics_And_Law
Correct! The situation becomes more and more feasible when you realize that an armed citizenry would not allow the private protection agencies to get wild with their demands or policies. We would stop them. The problem now is, we let the cat out of the bag when we set up a standing military and a central bank. The local militarized police would not be difficult to disperse at all. They did it in Northern Ireland with the police. The objections can be handled with enough forethought.
Many of the problems that libertarians and anarcho-capitalists had in relation to dilemmas have been corrected with bitcoin.
Just as in ancient times kings needed gold to finance their wars – a scarce metal that could not be copied and replaced. War campaigns lasted as long as the gold coffers did and when they were over – peace was made.
The same would happen with bitcoin, the soldiers of this private agency have their pay in bitcoin, the militia cannot create money out of thin air to pay them – as state corporations do today. So in order to rise to power they would have to plunder their customers – the theory of games and .762 for each member of that society is not favorable to such a move.
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Yes, that is the most important consideration; the limitation of the state’s treasuries to the amount of gold they collect. Perhaps collecting taxes would be much more difficult if every citizen could say, “NO,,” and make it stick. Or even, hide the goodies.
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