Post
Topic
Board Bitcoin Discussion
Re: Thanks to people who support 1-2 MB blocks - great idea u fools...
by
Holliday
on 16/09/2015, 20:54:56 UTC
Right but what's the point of financial freedom if you have no freedom to use your coins the way you want? Financial freedom is more than just escaping financial controls IMO.

All transactions do not need to be censorship-proof in a world where censorship-proof transactions exist. The possibility of censorship-proof transactions by itself will cut down on censorship because it will be seen as futile.

But bitcoin is not just about being censorship resistant. It's also about frictionless programmable money.

Both are equally important.

What are the use cases of frictionless programmable money? Why is it important? Why do we need to put those transactions on the same block chain that provides us with censorship-proof money? Does frictionless programmable money require the overhead of a permanent distributed ledger?

Most things (possibly everything) come with a trade off. If creating a good frictionless programmable money harms the censorship resistance, which do we choose?