It's easy to make coins impossible to hack. Especially when you're a hacker who just needs to self-custody and doesn't need to run an online service.
In meatspace letters of marque and reprisal can work because there's always a bigger gun they has a chance of defeating a pirate. In mathspace, anyone can create mathematical defenses that are just as secure as what the world's most powerful militaries use.
This is an idiotic idea.
It's easy to make coins impossible to hack. Especially when you're a hacker who just needs to self-custody and doesn't need to run an online service.
In meatspace letters of marque and reprisal can work because there's always a bigger gun they has a chance of defeating a pirate. In mathspace, anyone can create mathematical defenses that are just as secure as what the world's most powerful militaries use.