Comment: either party could still

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either party could still

either party could still reneg without recourse. unless this mediator corporation sent out armed parties to hunt down and enforce whatever terms the contract stipulated. which could be essentially anything. i could agree to my body as collateral to grab a lower interest rate, abscond with the funds,and your mediator would essentially be enforcing a modern fugitive slave law. and it wouldn't have jurisdiction outside its territory.

sounds like you're advocating op-in states in which the first generation opts in, and the next generation is born-in. if these born-in don't sign off, the whole contractual structure of the society crumbles and there's no law.

or, the locales just punish, lock up or expel people born in who don't sign off. like states do. essentially, a state.