This is an article about the potential for private justice systems. It discusses the inefficiency and high cost of the traditional court system. The author proposes that private arbitration systems could provide an alternative. These systems would be based on voluntary contracts and dispute resolution by chosen arbitrators. The article also describes a specific private justice system called PLS. PLS uses bitcoin and smart contracts to enforce agreements. The author argues that PLS could improve the justice system by making it more efficient and accessible.
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