Indeed, most societies ended up inventing a mandatory trusted third party escrow called a "legal system" as part of a "state". They usually issue hard-to-copy tokens, solving the double spending problem.

I love watching the HN comment hivemind speedrun the history of blockchain innovation every time this comes up. You just reinvented smart contracts on Ethereum, keep going :-)

> Not trying to come down on either side of this i personally hold near zero crypto, your statement was just wrong.

Umm, you are agreeing with the person you are responding to.