MAHDOOD on Nostr: I agree. Bitcoin hasn’t proven that it is censorship resistant yet. I believe that ...
I agree. Bitcoin hasn’t proven that it is censorship resistant yet. I believe that it is in theory, but we haven’t seen it yet. The government can take over the mining companies in the US and begin censoring users for whatever reason. I expect this to happen at some point. Bitcoin prove that it is censorship resistant if/when censored Bitcoin users pay extremely high fees that incentivize the world to collectively “break the law” and mine censored transactions. This would create a black market in Bitcoin but it’s the only way to overcome censorship.
Published at
2025-03-29 17:52:14Event JSON
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