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The State of Cryptocurrency Is Not Enforceable
Property rights over physical goods are not enforcible with croptography at the moment. It's also not even clear that property rights over d stuff isn't forsible cryptography. As people have found with d r m for the last 20 or 30 years, it's very difficult to ditaly lock something up in a way that give yo what people to use it,. That isn't unlockable and then sharable. So it's not even really clear how crypto without some mechanism that beyond it. And in fact, in certain parts of the crypto ke system, they're busy re inventing kind of courts and appeal procedures and arbitration all over again.