Or, if you really think not, would you instead be interested in buying some of this oil that will cure not only your aging but also your wife problems? I extract it from a snake, and I think you'll see the benefits of it immediately. (p.s. The oil also makes you immune to covid and meetings!)
Fortunately, Bitcoin fixes this. "Society" has no ability to seize bitcoin or censor its transactions. Soon enough, it won't be able to even detect them.
The mob does not always make the right decisions, especially when they have nothing at stake. Public servants usually have nothing at stake and it is very easy to be wrong when spending other people's money as opposed to your own.
> Or, if you really think not, would you instead be interested in buying some of this oil that will cure not only your aging but also your wife problems? I extract it from a snake, and I think you'll see the benefits of it immediately. (p.s. The oil also makes you immune to covid and meetings!)
I'm all for people being able to sell these non-products, and for people to buy these non-products if they wish for them. While they might not have any meaningful real effect, they can often have a placebo effect which can be beneficial to the purchaser. People are, and should be free to make their own judgements with their money. You can't shelter everyone all the time. If some are no longer able to make sound judgements, they should have support from relatvies with their finances rather than the government.
The current governments around the world are a great example of snake oil salesmen. They've managed to sell everyone an iatrogenic "lockdown" which is harmful their health, with claims that it is for their benefit, with no evidence. Who regulates the government? Who is going to hold these policymakers to account for the excess preventable deaths they've caused which are a result of the lockdowns, as opposed to the mostly unpreventable deaths which were a cause of nature (if we assume the virus is of natural origin)?
There is a cure for Statism at least. It is called Bitcoin.
Chinese society likely could censor, given the prevalence of mining in that country and their government's love of interference.
And various governments can and have seized bitcoin. This is a fairy tale.
What are they censoring? All transactions? They can only do self-harm in this manner because they must expend large amounts of electricity, perpetually, in order to keep up their censorship, and they don't know what they're censoring. This is assuming that they do indeed have the ability to 51% attack Bitcoin, and that the rest of the world is unable to use the nuclear option of changing their software clients to bypass the 51% attack. (Mining is not the ultimate arbiter of the correct chain - individuals are the ultimate arbiter via their choice of software client). A nuclear option would make all of their hardware immediately useless and eliminate any influence over Bitcoin they may have.
> And various governments can and have seized bitcoin. This is a fairy tale.
They can seize Bitcoin if you leave your private keys on an unencrypted machine, or if you leave your 12 word written phrase lying around at home.
They can't seize your seed phrase or passphrase from your head, which can deterministically generate your bitcoin wallet on any machine. They can't seize it from an encrypted disk either, unless you reveal to them the keys to decrypt it.
In the UK they may be able to force you to hand over keys for decryption or threaten you with 2 years of jail time. Not in the USA.
The point was that, Bitcoin can be made unseizable because it is merely information. This is very unlike dollars, gold, or other physical commodities which can be seized by force, or threat of force, which has been done before - EO 6102. An attempt to try and emulate EO 6102 for Bitcoin would result in a very different outcome.
