koqoo on Nostr: The very essence of #Bitcoin is its decentralisation and censorship-resistance. The ...
The very essence of #Bitcoin is its decentralisation and censorship-resistance.
The idea is for individuals to have control over their own #money, without interference from third parties, including governments.
If #BTC were to be embraced and controlled by the state, it would go against the principles of financial #sovereignty and #privacy that it was designed to uphold.
Thus, it might cease to be the #Bitcoin we know and value. Instead, it would become a state-controlled and ~potentially~ censored version of its former self.
The idea is for individuals to have control over their own #money, without interference from third parties, including governments.
If #BTC were to be embraced and controlled by the state, it would go against the principles of financial #sovereignty and #privacy that it was designed to uphold.
Thus, it might cease to be the #Bitcoin we know and value. Instead, it would become a state-controlled and ~potentially~ censored version of its former self.