Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin really censorship-resistent if they can't reach Canadian truckers
by
Cookdata
on 18/02/2022, 19:13:00 UTC
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). Two questions for discussion:
1. Is bitcoin really censorship resistent if the government can track and ban addresses? Bitfinex hackers being tracked and caught is another example (though most people would argue that this is an example of "positive" censorship resistence, unlike the canadian truckers example).
2. Can bitcoin be both censorship resistent and transparent at the same time?

I am late to this post, I wanted to continue a thread from the previous donations that were made last two weeks.
I am concerned about the exchanges that gave out the details of contributors to Canada's federal police force, other external wallet could simply mix their bitcoin and moved their sats to another wallet without any worries. Centralized Crypto exchanges are not different from banks, they make trading easier but they are more dangerous than banks, they can snitch on you and stab you in the back when any country bribes them.