4 ms·
How is censorship resistance and unconfiscateability not a legitimate service?
by bulbosaur123 4y ago
How is censorship resistance and unconfiscateability not a legitimate service?
- hnbad 4y agoHave you heard about rubber hose cryptoanalysis? The state can literally put a gun to your head and pull the trigger. Crypto is not "unconfiscateable", it's just digital. BTC also isn't "censorship resistant" as the censorious regime can still tie a wallet (and thus its transaction history) to your identity. Used a tumbler service to hide your tracks? Congratulations, now you're guilty of violating anti-money laundering laws, too.