There are really only two types of people in the world, those who believe that a society with laws is better for the individual or those who think that society can exist without laws.
But to understand how this bubble of ‘crypto’—better known as digital currencies—got so big, you’ll have to understand the factions of a much larger battle being fought on the global mind stage, that of the anarchists vs the rest of society.
Some want it because of naive academic curiosity, and others want it because they feel unhappy with their current lot in life and don’t wish to ‘play the game,’ opting instead to have the game changed.
Anarchists, though, while they like to align themselves with libertarians to make their movement look bigger, believe that there should be no government authorities at all, and believe that society can exist meaningfully without common laws and law enforcement, resorting only to the free market when the need for enforcement arises.
Moreover, even in the societies with no public health care programs, they at least have public law enforcement, which keeps doctors in the health system from exploiting their patients, due to the deterrent of class action lawsuits being brought up against them.
When enough business people and producers start realizing that they can pool their resources and pay a fraction of the costs if they just collectively acted to hire a posse of friends with guns to protect them, then what you get is a local sheriff or constabulary.
There is no extended period of time where a power vacuum can be maintained without some group eventually filling that vacuum.
As per Adam Smith, we as a society tend to specialize in our roles, because it is the net efficient thing to do, which results in the maximum prosperity for all.
So it makes little sense to have everyone practice their tradecraft while also training in the art of war to defend themselves in times of turmoil.
This is the fundamental difference between Bitcoin SV and the other twisted version of Bitcoin, BTC.
Worded plainly in this fashion, it should be pretty clear which side is deluding themselves into thinking that a society can actually function that way in the long run, and not devolve into an ‘every man for themselves’ inefficient and violent dystopia that nobody will wish to live in unless you are one of those few people at the top with the control over the most guns.
Given groups larger than a family or clan in size.