> Yes, they are ready to use violence to enforce their rules, no that doesn't help them read my encrypted data/messages/transactionds if I don't give them the key.
You are mistaken. There is a technique called "rubber-hose cryptanalysis" which works wonderfully in cases like the one you described. Once applied, you will gladly give up your key and anything else they ask for. That's what violence means.
If you do not control real world then you do not control anything. There is no way around violence. At least for as long as humans have physical bodies and live off blockchain.
> unacceptable to have compliance enforced on us as the current financial system does
You are arguing that because the current system is excessively regulated, then a system with no means to enforce the rules will work better. The problem with that is that blockchain is a lot more expensive to operate per transaction that the conventional systems. Because of that it can only be used when the conventional system cannot be, specifically for circumventing the regulations, i.e. breaking the law.
> but I strongly disagree.
You say you disagree, but you actually agree. All the cases you listed are cases of "circumvention of regulations".
> We'll see.
It's been long enough to see. Believing otherwise is like believing that this contraption with a few more tweaks will produce perpetual motion.
> some forms of governance
It's either able to enforce the rules with real-world violence, or it is irrelevant. It's really that binary 0 or 1. Nothing in between.
> Not that I agree with this statement
It's basic math as in 2 greater than 1. It does not matter if you disagree with it.
> but if the alternative is round the clock surveillance and authoritarian enforcement of regulations
That's not the point. Blockchain is a tool that helps you circumvent regulations (good or bad authoritarian or not, does not matter). It's a tool which has only one use: to facilitate circumvention of regulations. The point is if blockchain is regulated then it's no longer a useful tool for breaking the law and consequently irrelevant.
You are mistaken. There is a technique called "rubber-hose cryptanalysis" which works wonderfully in cases like the one you described. Once applied, you will gladly give up your key and anything else they ask for. That's what violence means.
If you do not control real world then you do not control anything. There is no way around violence. At least for as long as humans have physical bodies and live off blockchain.
> unacceptable to have compliance enforced on us as the current financial system does
You are arguing that because the current system is excessively regulated, then a system with no means to enforce the rules will work better. The problem with that is that blockchain is a lot more expensive to operate per transaction that the conventional systems. Because of that it can only be used when the conventional system cannot be, specifically for circumventing the regulations, i.e. breaking the law.
> but I strongly disagree.
You say you disagree, but you actually agree. All the cases you listed are cases of "circumvention of regulations".
> We'll see.
It's been long enough to see. Believing otherwise is like believing that this contraption with a few more tweaks will produce perpetual motion.
> some forms of governance
It's either able to enforce the rules with real-world violence, or it is irrelevant. It's really that binary 0 or 1. Nothing in between.
> Not that I agree with this statement
It's basic math as in 2 greater than 1. It does not matter if you disagree with it.
> but if the alternative is round the clock surveillance and authoritarian enforcement of regulations
That's not the point. Blockchain is a tool that helps you circumvent regulations (good or bad authoritarian or not, does not matter). It's a tool which has only one use: to facilitate circumvention of regulations. The point is if blockchain is regulated then it's no longer a useful tool for breaking the law and consequently irrelevant.