Modern money is enforceable promise.
Courts exist to enforce those promises.
What happens when promises scale faster than enforcement capacity?
New essay on ghost money → ghost courts:
https://newsletter.martingeddes.com/p/ghost-courts-are-downstream-of-ghost
Ghost courts are downstream of ghost money
Why modern justice thins as credit abstractions expand
https://newsletter.martingeddes.com/p/ghost-courts-are-downstream-of-ghost
