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> blockchain also prevents censorship well... sort of. Naturally, government can regulate and censor the on- and off-ramps [0], exchanges can censor [1a - Coin
by FabHK 5y ago
> blockchain also prevents censorship
well... sort of. Naturally, government can regulate and censor the on- and off-ramps [0], exchanges can censor [1a - Coinbase blocking Russian addresses][1b - Coinbase blocking scammer addresses], and developers or "the community", ie other unelected players, can decree a software change if something happens on chain that they don't like [2a - The DAO/ETH/ETC][2b - BTC 0.7/0.8 accidental fork].
[0] https://cryptonews.com/guides/countries-in-which-bitcoin-is-banned-or-legal.htm https://cryptonews.com/guides/countries-in-which-bitcoin-is-...
[1a] https://decrypt.co/94513/coinbase-blocks-25000-addresses-linked-illicit-russian-activity https://decrypt.co/94513/coinbase-blocks-25000-addresses-lin...
[1b] https://beincrypto.com/freedom-vs-protection-should-crypto-exchanges-censor-transactions/ https://beincrypto.com/freedom-vs-protection-should-crypto-e...
[2a] https://www.crypto-news-flash.com/what-is-ethereum-classic-etc-dao-hack-comparison-with-eth-roadmap/ https://www.crypto-news-flash.com/what-is-ethereum-classic-e...
[2b] https://bitcoinmagazine.com/technical/bitcoin-network-shaken-by-blockchain-fork-1363144448 https://bitcoinmagazine.com/technical/bitcoin-network-shaken...
- FabHK 5y agoAnother example: Juno Blockchain Community Officially Votes to Revoke Whale’s Tokens https://www.coindesk.com/layer2/2022/04/29/juno-blockchain-community-officially-votes-to-revoke-whales-tokens/ https://www.coindesk.com/layer2/2022/04/29/juno-blockchain-c...