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> censorship-resistant This entirely depends on your point of view. What you call a problem, I call a feature. I do not want the monetary system I'm apart of s
by InsomniacL 5y ago
> censorship-resistant
This entirely depends on your point of view. What you call a problem, I call a feature. I do not want the monetary system I'm apart of supporting Organised Crime, Terrorism, etc. Things like Sanctions, Unexplained Wealth Orders, Proceeds of Crime, suspicious transactions etc.. Are there to protect me.
At best, I would say Bitcoin is resistant to unjust-censorship.
However the only real instance I'm aware of that I would call unjust is Visa refusing to accept WikiLeaks donations.
- Chris2048 5y ago> I do not want the monetary system I'm apart of supporting Organised Crime, Terrorism, etc. This is true of all significant monetary systems. It's also notable that btc is not anonymous, so leave as much as (or more) of a papertrail. > the only real instance I'm aware of that I would call unjust is Visa refusing to accept WikiLeaks donations What about the practise of Civil forfeiture?
- samhw 5y ago> What about the practise of Civil forfeiture? That's not a feature of a particular monetary system, it's a US-specific legal doctrine governing any kind of property.
- InsomniacL 5y ago> any kind of property. I'd imagine that includes BTC too
- Chris2048 5y agoI don't think it does. Rights to search & seize physical goods isn't the same to search a digital device and force a transaction. At the very least, you can with-hold passwords i.e. refuse to participate, in a way you can't prevent police from searching your vehicle.
- Chris2048 5y agoAnd the feature of many monetary systems is they are "property" i.e physical currency, and so must yield to US legal doctrines about physical property. It's not relevant that this is US-specific, because this is an example, which must be based somewhere.
- InsomniacL 5y ago> What about the practise of Civil forfeiture? As I say, it depends on your point of view. There are proponents and critics of Civil Forfeiture but as an Englishman I do not have the Cultural/Societal understanding of America to form my own view on the subject that doesn't directly affect me.