The Jim Bell System Revisited - Yaahub News
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clicks | 6 days ago | comments: discuss | tags: bitcoin


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Let me re-emphasize that I have neither the knowledge nor the will to implement this system. I certainly don’t like the State, but I would rather concentrate my energies on constructive rather than destructive solutions. That said, I still think governments everywhere are going to be staring down the barrel of an encrypted gun in the near future, and this article attempts to explain why, in response to numerous objections received since my last article.
**This following article is an opinion piece written in 2002 by the libertarian author Robert Vroman. Vroman is well known for his editorial work writing for anti-state.com. ‘The Jim Bell System Revisited’ first published on anti-state.com on August 15, 2002, in response to “The Jim Bell System” debate. Check out Bob Murphy’s and Adam Young’s response to Vroman’s editorial. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the Op-ed article.**
I also want to point out some areas where I think Jim Bell is completely off base. First of all, his insistence that AP is somehow residing in a loophole of the American legal system that only he is aware of, is absurd, as rightly pointed out by many of his critics. I have no delusions that AP would somehow survive its “day in court” or that even if, due to some arcane technicality, AP is a legal enterprise that that would stop the State from pursuing it relentlessly. Furthermore, I am mystified by Bell’s fascination with confrontation and martyrdom (as exemplified by his personal life) and do not think AP will be started by the self-sacrificing, or that it’s even necessarily a good idea to have that mindset when designing the system. Bell also overestimates the enthusiasm that ordinary people will have for AP by a long shot. I still have reasons to believe there will sufficient customers, but they are not going to be primarily heartland regular Joes, who Bell envisions watching AP’s deadly progress with amusement. Bell also gives some slightly cockeyed responses to a number of objections to his invention. In fact really the main thing I take away from his writing is the system itself, not necessarily any of his justifications.
My friend and business partner, Bob Murphy presented some powerhouse arguments against my pet theory in our recent columnist debate over the infamous Assassination Politics concept. I contend that under closer examination, his insightful questions can be answered satisfactorily.
Additionally, Adam Young has presented a thoroughly researched historical analysis against AP, which I will address first.
Young has three main points. First, that assassination has been ineffectual in the past for destroying states. Second, assassinations will instead create a backlash against anarchism by government and citizens alike. Third, he does not like the moral implications of the very likely possibility of collateral damage from sloppy AP prize-hunters, given the relatively poor caliber of historical attempts. The opinion piece ‘The Jim Bell System Revisited’ written by Robert Vroman first published on anti-state.com on August 15, 2002.
The first point, despite all its exhaustive research, is I’m afraid to say, totally erroneous because the mechanism by which AP kills its victims is fundamentally different then assassination campaigns of the past. I am not at all surprised to read that a handful of suicidal ideologues gunning down a few unlucky aristocrats failed to exorcise the nation state. Assume for the moment that AP’s basic functions materialize (I will get to Murphy’s objections later). The pool of assassins has instantaneously expanded from only insane political extremists, to every single violent opportunist in the world who can access a computer. AP represents a veritable full scale war against the State, fought by the scum of society and funded by every partisan malcontent across the political spectrum. A dozen assassinations per century is certainly not going to give any politicians second thoughts about their career choice, any more than the dozen or so plane hijackings in the past 50 years makes me nervous seeing a turban in business class. However, logically speaking there must be some tipping point at which the body count is the most pressing statistic a politician has in mind. AP will surpass this tipping point, where history’s basket case revolutionaries were doomed to fail. The State will, of course, respond in nasty ways, but inevitably these will prove ineffective in the face of an impenetrable network supporting a sustained and widespread offensive.
Secondly, Young fears that AP will re-enforce the stereotype of anarchists as the 19th-century mad bomber and 20th century Starbucks arsonist. This will then erase any chance of our winning hearts and minds via soul-stirring online essays, and worst of all, get the lot of us gulagged.
What he fails to realize is the absolute lack of a reason for there to be any connection between anarchists and ...