Monopoly is not inevitable in a free market. It happens only when someone offers the best service that everyone uses, and consistently maintains their quality.
They would be at the mercy of people who seek justice and actually use their services.
Discussion
I agree but when it comes to monopolies on violence, I feel differently. It’s the reason why we are in the state that we are currently in.
Ahhh I can understand where you're coming from.
Don't you think that courts need to fund themselves in order to keep functioning and that acting adversely will result in them losing people who would come to them?
After all, reputations matter a lot and a bad judgement or failure to agree to due process will mean they risk losing it.
My understanding is that they did fund themselves before. Income tax was not enacted until 1913.
Damn, that year really was a major turning point in the US huh
I get why people are full-on abolitionists now
Found this old note i think you’d like
nostr:note1l5vt37lvec9uqjqfkelh9lezthtav9pnnhjgtw7zwhgccugvccmq4vjuyf
Ah hahaha, that's quite savage.
I have no dreams about an egalitarian utopia either.
I'd add to what you wrote with this:
Bitcoin can push a community that adopts it toward a more natural order where wealth redistribution occurs automatically via the best mechanism for such a thing, the free market.
It can improve savings, capital accumulation and productivity, ultimately benefiting everyone.
But Bitcoin can't fix inequality. Nothing can. Human beings cannot be made equal. Rothbard was right in saying that egalitarianism is a revolt against nature.
It can't fix man's tendency to coerce, steal and aggress. That's a political problem which bitcoiners cannot ignore, no matter where they live.
Having said that, entrenched concentration and inequality is not natural at all, which usually occurs in places where there's an unnatural intervention into the free market made by a coercive individual or entity, usually a government. Another political problem that Bitcoin can't fix.