Cryptocurrencies as international rights guarantors

Cryptocurrencies such as Bitcoin and Ethereum are argued to be emerging global guarantors of private property, especially useful where governments fail to protect property rights. The author says Western investors mostly treat these assets as high-risk, high-reward bets similar to Uber or Airbnb stocks, overlooking this use. The argument cites self-custody, which makes holdings hard for governments to seize, stablecoins that can redeem fiat value at acquisition cost, and networks that have run for decades. The text also links the idea to Satoshi Nakamoto's Genesis block, which references a January 3, 2009 Times headline.