Jeff Park

Because it's actually like a code of conduct in which the only thing that really, in my opinion, determines whether something is law is enforcement capabilities.

So like, take for example, like you do something bad at your home and you get punished for it by your parents.

And you know, why is that like a law?

Well, it's a law because like you got punished for it.

So if you can't follow through with enforcement at some level, the argument is more about whether it's illegal or immoral, but it's not about the law itself.

Law always has to have enforcement capabilities behind it.

And that's why international law is so nebulous because who's going to enforce it?

the US, right?

And so- You saw the meme.

Go ahead.

You saw the meme.

Oh, boy, did I see the memes.

The fighter jet.

That's the international law, baby.

But that's the thing with Bitcoin.

In some ways, it's a little bit scary because you think it's unenforceable because it's code, and yet there are rails in which you have on-ramp and off-ramp, and those things can be enforced.

And so that's where sometimes Bitcoin, even though it touts it as its main strength, could also be its downfall, whereas gold...

You can literally just put that in a stash and it cannot be seized.

And you don't really need on-ramp or off-ramp to transact in gold in some ways because there's like a decentralized marketplace for that wherever you go.

You can really bring like a gold bar anywhere and then someone will bid you for it.