The specter of crypto anarchy isn’t a warning, it’s a reality. Governments can legislate, censor, or jail, but they can’t reverse the math that lets two strangers trade value without intermediaries. Their power is finite; code is infinite.

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Crypto anarchy needs to mean more than just unconfiscable money. States have infinitely scalable violence in the form of drones. There are a lot of hard problems to solve, but this one in particular is a danger - specifically a danger to us, since wealth is moving here.

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