Late reply. Amethyst is not updating me on replies for some reason. Important topic however.

Wealth, was historically held in communities/structures. Not individuals.

A household spending on itself for itself: individual sovereignty, is a situation and culture unique construction.

Some held wealth without even technically owning or controling direct power over anything besides inherited titles. Its hard for us, but easier for those in other societies to understand.

As an example, the accumulated wealth of any two random people might be disproportionately at risk from something as benigh and random as an accident, based on status. Along with their lives.

My issue is with your perspective that we are somehow returning to a state of sovereinghty that was lost, or more dangerously; the idea that we were once sovereign. This is an incomplete view of history.

It implies we know what to do with true sovereignt; digitally enforced individuality. It suggests that we have at present and historicaly the tools, language and thought patterns to deal with such a thing.

I guessing that to you, i'm making a big deal out of a passing comment, but i hope to point out the gun being held by an untrained child.

Nothing like Bitcoin has ever existed. Fear and trepidation to freedom technologies is legitimate and valid (to use blue hair terminology) and we are the best or worst example of it, in real time.

There is no precedent, tread intentionsly, with urgency, and humility.