Hacker News new | past | comments | ask | show | jobs | submit login

Prisons exist because of the state.

In most countries AFAIK it is illegal to mint your own "currency" and call it as such, hence artifact of the state.

Bitcoin lets non-state actors create currency.. incidentally, those most equipped to fund the processing power, are state actors, hence artifact of the state.




7 Cities that have their own currency...

http://mentalfloss.com/article/55414/7-cities-have-their-own...

You can make your own currency all you want. You just can't make currency and pass it off as state sponsored currency without permission from the state.


Also the much beloved and hated Canadian Tire 'money':

https://en.wikipedia.org/wiki/Canadian_Tire_money


Ever heard of a CityState?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: