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by Stention314 1306 days ago
Bitcoin has anti censor mechanics. It's definitely not political neutral.

And independent of if Bitcoin is or not: the 'how it's used' matters because the theory matters less.

1 comments

> Bitcoin has anti censor mechanics.

While people like to claim there is some anti-censor magic, it's not really true when block space is full. There is nothing in the code to penalize miners for ignoring a particular transaction for weeks or forever.

I'm referencing the core idea of it being decentralized and "anonymous"
A public ledger is not really anonymous, whether you put that in quotes or not. It can be censored, and this is a difficult game theory problem to solve. There are a few major mining pools which build the blocks, and some think that is not decentralized.

Bitcoin was an amazing advancement and I hope it can grow into solving some of these apparent challenges.