logoalt Hacker News

munksbeeryesterday at 11:47 AM1 replyview on HN

> So just the ability to have a technology enables pure property rights to a world where nobody really has enforceable property rights over anything seems pretty interesting to me.

Bitcoin doesn't enforce property rights. The only thing you own is your bitcoin. The fact that I "own" my house and the land it is built on is enforced by the state with guns.


Replies

jksmithyesterday at 5:27 PM

You're not getting what I'm saying. Before this technology, the concept of property rights could not be defended, depending on the attacker. This tech allows that, even if it is just for one use case.