The only true free market that has ever existed is thar of brute-force physical power competition.
The smartest economists to ever live were people such as Ghengis Khan, Julius Caesar, Hannibal, Alexander the Great etc..
Discussion
Caesar used street thugs to bend senators to his will….
Caesar used physical power to illegitimize the abstract power of the senators.
And then they eventually used physical power to illegitimize Caesars abstract power.
And then got murdered …
Indeed... if you exploit and abuse your abstract power and control authority over a population, you can expect them to use physical power (in Caesars case a knife in back) to dismantle, decentralize, and physically constrain the abstract power hierarchy.
Enter Bitcoin, a brute-force physical power digitization system that is going to be highly disruptive to all existing (abstract) power hierarchies.
Bitcoin is remarkable not because of its hard money properties. It's remarkable for its ability to allow humanity to establish its physical-power-based intraspecies dominance hierarchy in a way that respects nature and minimizes fratricide.