Don't forget the whole violent kidnapping thing your fellow citizens let governments do. The mythology of laws running society is cute but laws are made real by constant threats of violence and caging.
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Just to check if you're serious or not, would you be happy to move next to a prison and then have all the inmates released?
This is, arguably, going to be better than violently caging people, in some circumstances.
I take the GF comment to be maybe virtue-signally, but mostly pointing out that our legacy law system has an awwwwwful lot of people in jail. Maybe that jail-shaped hammer is not as useful as you think it is?
To give another perspective on my "the current legal system exclusively works via the use of force" argument, look how effective the legal system is against banks, Google, Facebook, etc where use of forceful caging is not applied.
I was responding to the argument that "courts" and "fellow citizens" make the legal system work, when in fact courts are just proxies for use of force. Use of force makes the legal system work, everything else around it is just the cushy stories about law, order and justice we cooked up for ourselves to collectively agree with.
And this is in stark contrast to how a contract running on the Ethereum VM gets enforced.
I am certainly not suggesting we should implement laws against violence like the murderers you mention on a blockchain. I am talking about laws governing financial transactions, companies, and other economic related activities between nonviolent but nonetheless potentially fraudulent actors.
Bring on the century of techno utopianism.
It's "something something decentralized proof of trust" ;)
I said that the legal system works not because of it's complexities or how authoritative the costumes of law enforcement or judges look, but exclusively by the threat of having your liberty taken away from you.
Violent offenders should still be dealt with violence.
But voting? Public policy? Public spending tracking? Economic activity between two private entities? There is no longer need for the threat of a central authority with a monopoly on violence to ensure the proper functioning of those things. Satoshi showed we can have decentralized proof of trust.