Show notes
Kinsella on Liberty Podcast, Episode 234.
Related:
Craig Wright: You Don’t Own Your Digital Stuff. NFTs Could Actually Fix That — Without Intellectual Property
This is a debate on IP between me and a noted Bitcoin expert, Craig Wright, hosted and moderated by the Vin Armani show.
Update: Recent twitter exchange:
@NSKinsella
So, Mr. Kinsella, if someone creates a system of true digital scarcity—one that does not require state protection in the way you claim, beyond ordinary rules against theft, bailment breaches, fraud, and the usual protections applicable to property—what then?
If… https://t.co/No0Rx0Z7Bp
— S Tominaga (Aka Dr Craig Wright) (@CsTominaga) June 16, 2026
anything peaceful is permitted of course.
But your little schema has nothing to do with IP rights.
Ideas or information cannot be owned since they never exist as independent things but are just arrangements of features of material substrates which are already owned by someone by…
— Stephan Kinsella (@NSKinsella) June 17, 2026
"If digital property can be controlled, accessed, transferred, and protected without being freely copied, making it genuinely scarce, does your objection collapse?"
Some informational entry in a database arranged so that users of the system cannot copy it has nothing to do with…
— Stephan Kinsella (@NSKinsella) June 17, 2026
Tweet:
anything peaceful is permitted of course.
But your little schema has nothing to do with IP rights.
Ideas or information cannot be owned since they never exist as independent things but are just arrangements of features of material substrates which are already owned by someone by homesteading or contract. IP rights are in rem rights and thus the violate existing property rights. IP rights cannot be generated by contract. "Scarcity" is not what is relevant, it is the existing of rivalrous or material objects over which there can be conflict--for such things, property rights rooted in original appropriation and contractual transfer fully determine who the owner is.
So you can have whatever little private contractual schema you want but it has literally nothing to do with ownership of ideas or with IP rights. You cannot own someone else's already owned material resource by running around and claiming "hey I came up with digital scarcity." To say this betrays a complete lack of understanding of what property rights are.
I have explained all of this already in detail. https://c4sif.org/2025/05/libertarian-lockean-creationism/ https://c4sif.org/2011/06/intellectual-property-rights-as-negative-servitudes/ https://stephankinsella.com/as_paf_podcast/kol274-nobody-owns-bitcoin-pfs-2019/ https://c4sif.org/2025/04/ip-as-contract/ https://c4sif.org/2026/03/it-is-impossible-to-own-ideas/ https://c4sif.org/2025/04/ip-is-not-not-property/ https://c4sif.org/2025/01/intellectual-property-versus-intellectual-property-rights/ https://stephankinsella.com/2022/01/on-conflictability-and-conflictable-resources/
Tweet:
"If digital property can be controlled, accessed, transferred, and protected without being freely copied, making it genuinely scarce, does your objection collapse?"
Some informational entry in a database arranged so that users of the system cannot copy it has nothing to do with IP any more than if you keep something secret means you have a property right in it. This is the problem with imprecise and metaphorical use of terms, and with saying some information "is" "digital property".
The argument against IP rights is not that information is "not property"; and it is misleading and confusing to refer even to material resources as "property." Rather, as noted legal expert Yiannopoulos (author of the Property treatise) explains: "Accurate analysis should reserve the use of the word property for the designation of rights that persons have with respect to things." So your car is not "your property"; rather, the car is a type of thing (a conflictable or rivalrous thing) in which you can have a property right, i.e. that you own. But to be accurate, the car is not "your property"; rather, you have a property right in the car.
As Rothbard explains, all rights are human rights and all human rights are property rights--rights to control resources over which there otherwise could be conflict--i.e. rivalrous things, the "means" of action. As opposed to the information or knowledge that guides action--an important ingredient of action but distinct from the means employed. The means employed, the rivalrous resources, are owned by someone in accordance with rules of original appropriation (homesteading) and contractual title transfer. And every idea or information has to be stored on some such resource--the medium or carrier--which is already owned by someone, the homesteader, or someone who acquired that resource by contract from a previous owner.
This is why the argument against IP is not that it is "not property" or "not scarce": it is that material objects are owned by people by virtue of homesteading and contractual transfer; and IP rights are nothing but nonconsensual negative servitudes over existing resources--since they are nonconsensual they are nothing but expropriation of existing property rights.
Your silly little schemes do not change any of this.
As usual you do not know what you are talking about; you are just a poseur and gasbag, pretending to be autistic to fool people into thinking you are a tortured genius but really just a low-level thinker with only a 7th grade understanding of property rights, law, and libertarian principles. Instead of spouting off about things beyond your ken you should be humble and ask sincere questions but that is obviously beyond your pride and the hole you have dug for yourself. I have no pity for you, but it is somewhat pathetic. https://stephankinsella.com/2021/04/libertarian-answer-man-self-ownership-for-slaves-and-crusoe/ https://c4sif.org/2025/04/ip-is-not-not-property/
Transcript below along with Grok shownotes.
Debating Wright
I was in London to attend the inaugural 2018 meeting of Mises UK and to hang with my boys Lee Iglody, Jeff Barr, Doug French, and Hans Hoppe, and had challenged Wright to a debate during a few twitter run-ins (still on-going); I accepted and since I happened to be in London, Wright set it up and we did it at a local studio, with Armani moderating from Vegas.
After the debate
Further comments appear on my Facebook post and also on the Youtube post (below).
Update [7/17/19]: I had my buddies Jeff Barr and Doug French in the room watching, and after the debate, invited Craig to drinks in the hotel bar. We had an interesting, if a bit bizarre and intense, discussion for an hour or so. But in the ensuing weeks, things between us devolved on Twitter. Wright had promised to produce "proof" of patents stimulating innovation during the debate, and apparently, like with many of his promises to produce something, never came through. I pointed that out on Twitter and he eventually ended up blocking me, as well as the podcast's host, Vin Armani, who at the time was, with Wright, a fellow BCH advocate (Vin is still a BCHer but Craig has split off again with his BSV). Of course, in the meantime, Wright has amped up his risible claims to be Satoshi and has been involved in a number of controversial issues in the bitcoin/crypto community. What a character.
Also: during the debate I referred to him as Dr. Wright, since he claims to have several PhDs, but now I am not sure he has any legitimate PhDs, other perhaps than one in "theology", so I should not have called him "Dr." (( Update: Grok re Wright PhDs ("In the 2024 UK High Court judgment in COPA v Wright (where Wright was ruled not to be Bitcoin's creator Satoshi Nakamoto), the judge noted Wright's pattern of forgery and plagiarism in other academic work (e.g., his 2008 LLM dissertation had 45 of 58 paragraphs copied verbatim), casting indirect doubt on his degrees. However, the court assumed his qualifications were true for the case, as they weren't directly challenged."); Wikipedia; Craig Wright, "The quantification of information systems risk: A look at quantitative responses to information security issues," Doctoral Thesis, "Charles Sturt University" (2017); 2024 UK High Court judgment in COPA v Wright (pdf), ¶¶ 565–568, 582–585, on pattern of dishonesty," ¶¶ 127–128, 393–395, 400, 926. )) That was too deferential. On the other hand, he did pay for the venue and related costs, so I was being polite.
Grok Summary
The debate on intellectual property (IP) law, hosted by Vin Armani on January 27, 2018, featured Stephan Kinsella arguing against the resolution that IP is a legitimate and useful institution for blockchain and cryptocurrency, while Craig Wright defended it. In his opening, Wright emphasized the scarcity of good ideas and their implementation, arguing that IP protects individual creators' rights more fundamentally than homesteading physical land, as ideas are created from nothing. He cited natural experiments in countries like India, where reintroducing IP laws allegedly led to a 60% increase in patents by startups, not large companies. Wright contrasted IP with alternatives like trade secrets, using the ZeniMax vs. Oculus case to illustrate how trade secrets create market uncertainty and slow innovation, while patents provide disclosure and clarity. He framed opposition to IP as "intellectual communism," forcing creators to share against their will.
Kinsella, in his opening, defined IP as government-granted monopolies (patents for inventions, copyrights for artistic works, plus trademarks and trade secrets) that infringe on genuine property rights in scarce, rivalrous resources. He argued that property rights arise from homesteading or contract to resolve conflicts over physical goods, not ideas, which are non-rivalrous and essential to action but not ownable....