Since there is no way to seize and collect Bitcoin, I wonder how we collect debts on a Bitcoin standard.
On a Bitcoin standard I can see a society with less debt, since people will have to pay in advanced. There will be a problem if there is a legal dispute, for example: damages, speedingtickets, fraud, alimony for a child etc.
I rather have a proper solution for those who need that money. What do you think will happen with those kind of claims?
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