it thats kept only for emergencies (enforce uncooperative coordinator) the fee you'd be willing to risk out of your total capital is much higher

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if you lose half your stack touching chain you might be self-sovereign, but it would be poor capital allocation

there's a lot of legroom between here and there. many millions of productive people will still be able to afford the fee for a judgement txn if needed

I agree. I’m only saying that the highest form of self-sovereignty will be limited to millions, not billions, of people as far as I can tell. But I also realize that billions of people currently have zero financial sovereignty so even partial trade-offs will be a massive win for them.

the millions being able to save and price things without gov bonds will regulate all other mechanisms

very possible