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/liberty/ - Liberty

Non-authoritarian Discussion of Politics, Society, News, and the Human Condition (Fun Allowed)
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WARNING! Free Speech Zone - all local trashcans will be targeted for destruction by Antifa.

File: adfd52ac9821149⋯.jpg (178.32 KB, 1000x1000, 1:1, Ancap anzu.jpg)

 No.88570

If we take it as a given that IP laws are unlibertarian (I know not everyone agrees on that but for the sake of argument let's assume), and wouldn't be enforceable in a private society, what mechanism would you use against crypto currency theft/fraud? Would the blockchain public ledger be enough to dissuade all that?

 No.88580

use antivirus xd


 No.88597

>>88570

Property laws are unlibertarian. Either property laws are universal, in which case I would be extorted into supporting laws in which I don't believe, or they're subjective, in which case they're meaningless and your ability to amass possessions is limited only by your ability to protect them.


 No.88604

Is she touching herself? Fucking deviant, gonna get physically removed


 No.88606

>>88570

I do belive that Intellectual Property laws should be repealed, but I think that is unrelated to cryptocurrency.

The exact mechanisms and mathematics behind what makes crypto a secure currency is fairly complicated, but it is not at all necessary to enforce IP laws to maintain it.

Its not so much that the blockchain 'dissuades' theft/fraud, but it prevents it, in the same way that a safe and armed guards is an effective way to prevent theft of gold.

The free market will determine the exact amount of security is needed/desired by the public. A cryptocurrency corporation could always spend more money making cryptos increasingly secure, but this would be at the expense of ever increasing maintenance cost/transaction fees.

>How cryptocurrencies actually work

https://www.youtube.com/watch?v=bBC-nXj3Ng4

>How a free market balances the trade-offs between low cost products and safer/more secure products

https://www.youtube.com/watch?v=DvxT7fryE3Q

TL;DR I do not know what mechanisms will be used to keep crypto secure, but there is no reason market forces would be inadequate in discovering and providing such a thing.


 No.88608

Funny that they impose IP protection for their intangible product but they have no control of the mean production of the product itself. The power of the mean production is in the hands the computer users, the only way they could try to control it is through IP law which involves government.


 No.88610

File: dc293611ef8448d⋯.jpg (114.06 KB, 750x633, 250:211, dc293611ef8448dbbf4ba4b7ce….jpg)

>>88604

Moralcucks are by their very nature passive NAP violators, just like commies and other scum.


 No.88617

>>88610

One cannot passively violate the NAP.




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