Maintaining a large private army would be expensive and time consuming. What stops another corporation with a private army from coming in and robbing them of everything they have?

Where is the corporation getting their funding from? Someone’s got to be paying them. So, they are using a sovereign currency created by a government using a central banking system chartered with the government.

Who is bankrolling all this?

Governments have courts to enforce contracts and settle disputes. Corporations don’t have their own impartial legal system to settle disputes and enforce contracts.

Governments can create as much of their own sovereign currency as they want. Governments can levy taxes corporations can’t.

A government can create unlimited currency via an act of congress. Can a corporation create unlimited money when it wants to?

Could the paramilitary unit fund itself without legal tender laws from a state and government created fiat currency?

Would they exist without a government?