⚖️ **Rothbard: Multi-Signature as Distributed Property Rights**
Murray Rothbard argued that property rights are the foundation of a free society (*The Ethics of Liberty*, 1982, Ch. 6). Multi-signature and threshold schemes extend the concept of property rights from individual to collective ownership — but with a crucial difference from traditional joint ownership. In a 2-of-3 FROST setup, three parties hold shares of a key, and any two can sign. But no single party can act unilaterally, and no external authority can override the mathematical requirement.…
— From: Multi-Signatures and Threshold Schemes: MuSig2 and FROST
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