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The basic idea is that much of the behavior that territorial governments like to regulate consists of speech. The Internet makes it obvious since over an wire or a radio wave only speech can pass. The most important example is exchange. If I sell you my labor or my truck on STEEM, in exchange for crypto, all of that activity is pure speech, except for the actual delivery of the truck and the crypto. Since it is pure speech and it occurs "in cyberspace", I plan to claim that the activity occurred outside of the boundary of any territorial nation and is hence not subject to that nation's jurisdiction.

Such a claim is without practical effect unless it can be backed by force. That's where my software comes in.

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