Post
Topic
Board Bitcoin Discussion
Re: Uncensorability of bitcoin
by
Z-tight
on 08/05/2023, 20:27:58 UTC
This is because cryptocurrencies are not controlled by a central authority and are essentially decentralized
There are so many cryptocurrencies that are centralized and controlled by a group of people or a few whales who can censor other users. It is BTC that is censorship resistant, permissionless and not controlled by a central authority.
Governments that banned cryptocurrencies are now unable to stop transactions from happening, giving people a chance to escape poverty and establish themselves in the middle class.
BTC is not a means to escape poverty or to move to the middle or wealthy class, you people should stop having this kind of thought, it is the wrong one and a part of the reason why some people are spamming the network right now. If you are unable to use BTC, what you miss out on is using a permissionless currency, you miss out on controlling your own money or moving it the way you like.