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Bitcoin's strength is censorship-resistance.

• mandmandam 2y ago
  In what way do you think BTC has an advantage over any other cryptocurrency in this regard?
  • TheDudeMan 2y ago
    Most cryptocurrencies are controlled by a small number of insiders. Bitcoin's high level of decentralization makes this not the case. Although the increasing centralization of mining, mining pools, and mining hardware is becoming a concern.
    • Yizahi 2y ago
      So you are saying that literally garbage features like Runes and Ordinals were introduced in the codebase by some voting or other democratic decentralized process? Or was it done by some small cartel of people controlling this system?
      • TheDudeMan 2y ago
        Those are unfortunate, IMO. But miners would support those because they increase transaction fee revenue. Hopefully they'll get priced-out of the fee marketplace eventually, either by the network getting more legitimate use (moving money instead of creating NFTs) or by people losing interest in NFTs.
• 0xcde4c3db 2y ago
  The foremost thing about Bitcoin that is censorship-resistant is the ledger itself, which is a boon to anyone interested in tracking transactions.
  • TheDudeMan 2y ago
    Yes, it is a public ledger. This ensures that no inflation is occurring (other than the expected decreasing miner subsidy).
    • 0xcde4c3db 2y ago
      It also ensures a rich source of data for those who are interested in punishing publishers of wrongthink (aka "censors"). I'm not sure what inflation has to do with censorship.