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by exelib 1324 days ago
Ok, thanks, now I know what you mean.

> censorship resistant

You know, everything at scale will be regulated. For example, in Germany it will (and for parts it is already the case) regulated by BaFin. You know, the same institution which regulate banks. Beside how unpredictable cryptocurrency is. TBH, I would better stick to money regulated by some constrained entity than by people how don't have any clue how local and global economy works.

1 comments

Sure, it will be regulated, but regulation will always be limited to the access points that any single government can touch. Go too far and capital flees to another jurisdiction.

The value of open source networks is adoption, and people will not adopt a crypto that has been hijacked and controlled by any entity.