Woah, that last part hit me hard. I have known it a long time, but it was put so succinctly here. When a State is no longer able to steal wealth or intercept the acquision of it, it will cease to be a State, and it will become a seller in a market, in one form or another.
Discussion
Correct. Without the coercive power to centralise money, and with no means to seize it as with physical assets regardless of how many armed goons they have, the State as we know it will be forced to drastically change.
I don’t believe it will wither away ala the Marxist utopia, but the terms of its existence and people’s interaction with it will look nothing like what we have today.