Re: Government sanctions on Bitcoin - What impact will they have?
Hey there, so i came across a report from a regtech company about the latest sanctions on 2 Iran-related addresses.
Does that mean governments might start marking all dangerous addresses? How will BTC still be censorship resistant if govts would prosecute people for transacting with certain addresses?
Does that mean governments might start marking all dangerous addresses? How will BTC still be censorship resistant if govts would prosecute people for transacting with certain addresses?
the protocol is still censorship resistant.
the U.S. government might be able to punish you after the fact for transacting with sanctioned persons, but they can't stop the transactions from occurring. that's what censorship resistance is about!