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by jerry1979 2063 days ago
> So basically Bitcoin is a digital gold

The hate is getting less hatey each year. I think networks like lightning might centralization some, but as long users remain able to pay uncensorably Bitcoin still checks the ecash box.

1 comments

> uncensorably Bitcoin

Bitcoin can be censored. Do to it's transparent nature, miners can refuse to add transactions to blocks based on specific criteria such as sender, receiver, and transaction amount.

When miners start censoring payments for what I'll (for the sake of argument) call "non-engineering" reasons, then Bitcoin will no longer check the ecash box for me. Until then, it seems like self preservation combined with fungibility efforts prevent this kind of censorship.