Anarcho-Capitalism pertains to a political philosophy and school of thought that believes in the removal of centralized states so that self-ownership, private property, and free markets would thrive with great tenacity.
A great number of early adopters of Bitcoin were advocates of Anarcho-Capitalism. They strongly believe that placing their trust in such a system will ultimately give full control back to the masses.
The Anarcho-Capitalist proponents place great emphasis on a legal code that would be generally accepted and the courts themselves would abide by. This code with recognize contracts, private property, self-ownership, and the Tort Law in upholding what is called the, “Non-Aggression Principle”.