Post
Topic
Board Bitcoin Discussion
Merits 7 from 4 users
Re: Is Bitcoin really censorship-resistent if they can't reach Canadian truckers
by
stompix
on 16/02/2022, 23:40:54 UTC
⭐ Merited by bitmover (3) ,Foxpup (2) ,d5000 (1) ,Pmalek (1)
The canadian truckers are unable to get a hold of the 21 bitcoin that have been donated to them recently because the wallets associated with the fundraising have been tracked and banned from all regulated financial institutions (including banks and exchanges).

...in Canada. They don't have complete jurisdiction all over the world.

Bitcoin is censorship resistance, nobody can stop the transfer of Bitcoins, so if the crowdfunding platform would choose to donate bitcoins directly to the truckers no ban could ever stop this from happening. What FINTRAC can do in this situation is try to stop any exchange from BTC to CAD coming from a backlist of addresses, and that's a thing bitcoin was never designed to bypass nor could it ever do.
But for that we have mixers.  Grin

1. Is bitcoin really censorship resistent if the government can track and ban addresses?

Banning bitcoin addresses is just as futile as banning spammers on this forum.