[hudon]

> Only cash is "censorship resistant"

Still not perfect, though. Look at how India swiftly and broadly decommissioned some of the bank notes. It is not too crazy to imagine some nations going a step further and decommissioning all bank notes.

Similarly, the blockchain is not perfectly censorship resistant. You need:

1- decentralized transaction validators

2- privacy

For #1, the jury is still out on if mining will remain decentralized. I tend to believe that there are guardians of this property in Bitcoin-land, and if it ever gets too bad, the blockchain can fork to retain this property.

For #2, Bitcoin does poorly here, and hopefully advances in the tech like ring signatures, confidential transactions, MimbleWimble, TumbleBit, zk-SNARKs, etc. will prove to be practical enough for use.