Capitalist libertarians think that you could somehow allow the privatization of everything anyone needs to survive without this resulting in some kind of tyranny that wouldn't be much different than the world now. Are you sure states aren't the exact outcome of a bunch of free individuals? But wait, not everyone is free in such and such important ways!!l! Yeah, that is because of what the free people are doing. Ahem. Well, despite your freedom you probably don't really know what to do so we will tell you and then you will be free as can be.
Blockchain is naturally anarcho-capitalist; participation is completely voluntary so the hierarchy is a meritocracy!!tweet!!1!!l!l!!
Not libertarian capitalism
Peter Schiff declares the end of capitalism was the first time some traitor used their private wealth to bribe a politician. https://youtu.be/WFgqYz21wZk?t=889 Damn homie got all schooled and shit.
(https://en.wikipedia.org/wiki/Libertarian_socialism Libertarian socialists) say you can do whatever you want with your personal property, even have a business with one employee! Think of it like getting married in a (https://en.wikipedia.org/wiki/Community_property community property) state. More than one employee and you are out-voted so not exactly your property anymore. Just kidding. Just don't become the (https://en.wikipedia.org/wiki/Means_of_production means of production) and you could "own" things or "businesses".
Blockchain is the means to libertarian socialism because it allows for personal ownership of cryptocurrencies (or smart contracts) while the protocol (means-of-producing cryptocurrency) is collectively controlled. There is no hierarchy because everything involuntary is due to the collective meritocracy!!!!1!!l!tweet!l!!
Noam Chomsky declares the end of socialism in Russia, was the beginning of the Soviet Union. The soviets (workers unions) were taken over by a central power led by Lenin. That's not communism.
Libertarianism is never defined well until you attempt to implement "it" and also see what actually happens. Crypto-anarchy is a means to achieve a form of liberation. Cryptography and (https://en.wikipedia.org/wiki/Peer_to_peer peer-to-peer networks) have been things for a long time. Since Bitcoin, blockchains are things that allow many computers/people who don't trust one another to create a trusted, editable database (or (https://www.reddit.com/r/ethereum programmable state machine)). This is something much needed by governments/people because we can't trust each other or trust our computers from "(https://twitter.com/wikileaks?lang=en hackers)". We want to do business, make treaties and whatnot so we need a system that can't easily be reverted/corrupted by politicians, regulators, hackers, or (non-(https://en.wikipedia.org/wiki/Liberal_democracy liberal]) "democracies" that decide they'd rather not follow their commitments. The power flows to competent individuals while the collective can use or buy into whichever blockchains/cryptocurrencies or smart contracts support their interests.