Post
Topic
Board Bitcoin Discussion
Re: I don't like the idea of governments holding millions of Bitcoins.
by
Pablo-wood
on 28/08/2025, 16:48:43 UTC
To many concerns regarding on their future actions but I guess people should careless about what's currently happening since what's important is they buy and add for demands on Bitcoin.
Depends on what your personal goals with Bitcoin are. If you want to get some bucks more and then sell to a greater fool, then I agree. But in all other scenarios, fighting for BTC staying censorship resistant is the best strategy and will also probably lead to the highest possible market price in the long term. A BTC losing censorship resistance may eventually crash as it would become a slow, inefficient and risky PayPal, to say it bluntly.
Tampering with Bitcoin’s censorship resistance would be extremely difficult. It would basically require buying off or influencing a majority of developers and somehow changing the consensus rules or mining algorithm. Considering how decentralized and transparent the system is, that’s almost impossible to achieve. That’s main reason censorship resistance is one of Bitcoin’s strongest features and why its value and concept is so different from a centralized system like PayPal.