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The Jim Bell System Revisited

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.

**The 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. This is the second installment of the series. 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

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