Quote from: BTCMILLIONAIRE on May 06, 2019, 09:51:21 AM

Quote from: realr0ach on May 06, 2019, 09:45:19 AM

Quote from: BTCMILLIONAIRE on May 05, 2019, 04:33:25 PM

Bitcoin is not a permissioned ledger.

the simple fact that all of them CAN blacklist you at any moment is what determines it's classification.

No, they can not.

What planet are you living on? Transaction validators can blacklist whoever they want. Even digital shitcoin shills like Adam Back & Gmaxwell know non-fungible tokens are complete garbage. The only way to make it so bitcoin is not guaranteed to be a complete dystopia is either make all tokens fungible so transaction validators can either block all or none without being selective as to who to target or politically persecute, or to raise the number of transaction validators so high that it's not possible for them to collude or for blacklists to have any effect. Imagine trying to spend bitcoins as Julian Assange once your wallets are tagged. It's a complete joke of a system.

To increase transaction validators to an acceptable level, you would need to use something like unprofitable PoW where everyone processes their own transactions, but unprofitable PoW is an unworkable system that requires artificial convergence, so it's really not possible to create a decentralized digital currency at all. Your second best option is to simply make all transactions blinded (fungible tokens), that way when transaction validators centralize, there's at least some limit on the power they can abuse. But creating real fungible tokens is probably also not possible without introducing even more showstoppers. Neither Zcash or Monero do it very well since Monero is just light plausible deniability and Zcash has far too many drawbacks.