Remix.run Logo
ceejayoz 4 days ago

> Generally and commonly used payment systems (ie cash) that cannot be centrally censored are the only way to avoid this. Presently that means physical cash, physical precious metals, and cryptocurrency. The first two are impractical for large-scale use.

Tether freezes accounts. Bitcoin gets confiscated. Eth forked when big stakeholders didn't like how the DAO went. And it's a bit hard to take seriously privacy concerns that propose a public transaction ledger as a solution.

(And of the three, only physical cash has actually been proven in large-scale use.)