KOL337 | You Don’t Own Bitcoin—Property Rights, Praxeology and the Foundations of Private Law
N. Stephan Kinsella
Kinsella applies praxeology to argue Bitcoin confers control (via private keys), not ownership—information cannot be owned. Bitcoin's artificial scarcity depends on distributed consensus rules verifying transactions, unlike gold's physical scarcity. Drawing on property-rights theory, he explains how permissionless verification solves double-spending without central authority, enabling cryptographi

https://relay.towardsliberty.com/88a2851ae79fd86b38d01955017e0bdc323d4170958429e6d8e1be2f0268788c.mp4
May 27, 2021