Bitcoin was a revolutionary breakthrough that proved peer-to-peer digital cash could function without banks or any financial intermediaries. It combined publicly accessible transactions with a Proof-of-Work mechanism that operates free of any central authority or third-party trust. Yet this…

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I. The Financial Black Hole and The Bounty In 2020, the United States government attempted to crack a cryptographic network and hit a brick wall. Having failed to breach the protocol on its own, the state publicly funded and legally authorized an open bounty starting at $625,000 -and eventually…

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We all know the idea of separating money from the state. The Myth of the Rule of Law by John Hasnas was the first time I saw someone try the harder cut IRL (non-fiction): separating law / lawmaking from the state. (The real first time I ran into the idea was in Heinlein’s The Moon Is a Harsh…