The Coin Files on Nostr: #Bitcoin is censorship-resistant. Why is this valuable? Many live under oppressive ...
#Bitcoin is censorship-resistant.
Why is this valuable?
Many live under oppressive and authoritarian regimes where capital flow is tightly controlled. In such places, it's common for dissidents to have their assets frozen.
Additionally, residents in these areas are isolated and cut off from the global economy, forced to deal with and transact in hyper-inflating fiat currencies.
Bitcoin offers an alternative to opt out.
This type of censorship is becoming increasingly prevalent in the West.
Why is this valuable?
Many live under oppressive and authoritarian regimes where capital flow is tightly controlled. In such places, it's common for dissidents to have their assets frozen.
Additionally, residents in these areas are isolated and cut off from the global economy, forced to deal with and transact in hyper-inflating fiat currencies.
Bitcoin offers an alternative to opt out.
This type of censorship is becoming increasingly prevalent in the West.