Bitcoin is the ultimate private property system. As a form of property, it functions entirely independent of traditional legal structures, completely detaching property rights from state. Even Manhattan real estate can't compete with that.https://twitter.com/matt_odell/status/1154761126292467712 …
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I believe it even detaches the concept of property *right*. A right implies ownership is socially enforced (e.g. the state), whereas with bitcoin ownership is cryptographically enforced. Or am I mistaken
@NickSzabo4?
P.S. even though the direct enforcement is by machine rather than human, I still call it a "right" because it's still every bit as much a moral right, and that moral right is the main reason why we build and use such machines.
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Indeed, there is self-sovereignty in blockchain as public-key cryptography allows you to transfer value via cryptocurrency by using a private key that is yours and only yours. By definition, this is self-sovereignty on the blockchain.https://www.linkedin.com/pulse/why-blockchain-transparency-brainless-trenton-gaddis-%E9%AB%98%E5%B4%94%E7%99%BB- …
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