3 ms·
A "censorship resistant" blockchain versus real-world legal systems sounds like the old "immovable object versus unstoppable force" ponderable. Except the lega
by hakfoo 4y ago
A "censorship resistant" blockchain versus real-world legal systems sounds like the old "immovable object versus unstoppable force" ponderable.
Except the legal system doesn't have to go after the blockchain per se, they go after the users who still have to have some way to access the value in it.
Maybe, with absolute perfect OpSec, you can use a "censorship resistant blockchain" to finance your ($politically_unpopular_activity), but it's going to be very difficult to get mainstream users involved in a platform that could become increasingly radioactive.
Eventually it becomes a legal death spiral-- as mainstream opportunities leave the network, so does the legal fig leaf for participation.