Preparing for the civil justice system’s proliferation of coercive in personem tools and pre-judgment deprivations of wealth requires a multi-layered approach.
The first layer is individual. As previously mentioned, individuals can reclaim due process by acquiring, holding and using bitcoin as privately as possible. Plaintiffs cannot freeze defendants’ assets if they don’t know about them.
The second layer is communal. The Bitcoin community as a whole needs to promote, foster and build a peer-to-peer circular economy. This will help Bitcoiners avoid gated on- and off-ramps like centralized exchanges, which can be co-opted to inform on defendants or freeze and seize assets.
This initial transition period of curtailed due process and increased coercion need not become the permanent state of affairs, however. Bitcoin’s disintermediation of the civil justice system presents a unique opportunity for society to create fairer and more humane systems of dispute resolution.