Centralized Law vs Decentralized Law with Stephan Kinsella (WiM099)
The "What is Money?" Show
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What Is Property Rights?
Bitcoin is not a property right, because the nature of bit coin is that it's a distributed ledger. If you're riting a note, you have a copy of the block chain on your computer. So technically speaking, as a purely analytical matter, as a juristic lawyer, i would ayou don't own bit coin. The whole reason you have property rights is in response to scarcity and conflict. And if basically aggression is impossible, if everyone's a little manny, or god, you could conjure up all the house goods and food and people wouldn't hurt each other. Now, with thit coin, luckily, you don't need it, bhit coin is something
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