Post
Topic
Board Bitcoin Discussion
Re: OFAC-Sanctioned Transactions Being Censored
by
DooMAD
on 05/12/2023, 13:34:40 UTC
True, but as we've seen in this thread, bitcoin is not actually censorship resistant. If the government get 51% of mining power to comply with their blacklists, then they can simply censor any transaction paying to or from a non-KYCed address.

It's arguably still resistant, just not immune.  But yes, there's definitely a considerable amount of work to be done to prevent further erosion of privacy and freedom.  


So this means non-custodial wallets will now be KYC-compliant via the use of the AOPP protocol?

If users sleepwalk into subservience, then it's certainly possible.  Hopefully enough of them are alert and aware of how dangerous AOPP can potentially be.  For those that aren't, maybe we need to shout louder?  It seems like it should be blindingly obvious, but then I sometimes forget that not everyone places value in having full control of their funds.