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I don't think it's a contradiction. You can rely on an accountable government to protect your bitcoins, and if you decide at some point they have become unaccou

by shawnz 7y ago

I don't think it's a contradiction. You can rely on an accountable government to protect your bitcoins, and if you decide at some point they have become unaccountable then you can move your bitcoins to a different location without restrictions. It's just separation of concerns.

doublement 7y ago
You can't move your bitcoins if your electricity is off or if a totalitarian system physically has you and your possessions. You can only vote with your feet so many times, and if the choice is always to flee instead of demanding accountable government, eventually there will be no place to go. By providing a workaround for government non-accountability, Bitcoin encourages people to avoid the issue instead of engaging with it.
- shawnz 7y ago
  > By providing a workaround for X, Y encourages people to avoid the issue instead of engaging with it. You could say that about every defense-in-depth based approach to a problem. It doesn't necessarily mean that they're a net negative.
- tuesdayrain 7y ago
  > You can't move your bitcoins if your electricity is off or if a totalitarian system physically has you and your possessions. It's not perfect, but you have higher odds of moving 10k+ in Bitcoin out of an oppressive system than you do any other asset.