What you're really saying...
It's okay to use violence to take the property of another. Or do you expect people to do this in a charitable fashion? In which case, I'd likely go along with it.
What will actually happen:
1. Society will become more violent by nature and theft more prevalent due to the fact you're encouraging that type of behavior. This is what we call the "entitlement" attitude. It's a fancy word for "justifiable thievery".
If true then wouldn't you expect minimum wage to correlate with any metric for violent crime and thievery?