The prince can as easily be attributed to the modern banking system as it can be to anarchy. Banks used to offer simple bailment, where people could deposit money for safeguard and convenience. The money or gold was still the property of the bailor, and the whole deal was a private arrangement between the bank and their customers.
Today, if I go to the bank and request a large withdraw from my savings account, I am required to provide a explanation for the withdraw and the teller can deny the withdraw at their discretion. They can at any point close accounts and hold money indefinite. They collect private and highly sensitive information about customers lives in secret for purposes of data mining and sharing it with private organizations and governments.
The price of the modern banking system is to me very high, higher than the waste from e-currencies. If it was an option, I would use the banks of old.
Today, if I go to the bank and request a large withdraw from my savings account, I am required to provide a explanation for the withdraw and the teller can deny the withdraw at their discretion. They can at any point close accounts and hold money indefinite. They collect private and highly sensitive information about customers lives in secret for purposes of data mining and sharing it with private organizations and governments.
The price of the modern banking system is to me very high, higher than the waste from e-currencies. If it was an option, I would use the banks of old.