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You're basically arguing that Bitcoin as a cryptocurrency is resilient to censorship. Good luck mounting the argument for establishing a global surveillance sys
by lurking15 3y ago
You're basically arguing that Bitcoin as a cryptocurrency is resilient to censorship. Good luck mounting the argument for establishing a global surveillance system that roots out non-compliance, sounds like something that won't be abused if only because of the sinister power it offers.
- octacat 3y agoyea, it is nice way to break local laws, sure. It is easy to track transactions on the block chain though - everyone sees them. I would say it is least anonymous way of doing transactions. Everyone knows about the transaction forever. Everyone sees the transaction. Infinitely worse than doing it in cash.