Topic: Censorship resistance, but then the additive layer of information censorship (Read 256 times)
October 29, 2018, 01:12:42 PM
Removal of that layer of censorship was possible in the crypto world, because of it being decentralised. When it is decentralised, there will be not layer of censorship, which means all kind of transactions are possible as long as the transactions are valid. So, it can be said that Biycoin has already done the job.
October 29, 2018, 12:42:43 PM
As for example bitcoin is resistant to censorship but, if you're using a 3rd party service that is centralized it will indeed limit your capabilities. In that sense it isn't bitcoins fault, it is the services. While cryptocurrency is suppose to be decentralized and not censored, if you're using a service that censored then it'll indeed limit you.
October 29, 2018, 12:26:32 PM
Well, after the anonymity, without censorship, the crypto business would be boundless. It can't be controlled then, so censorship is kinda essential.
October 29, 2018, 03:02:17 AM
Yes bitcoin is censorship resistance but there might be another layer application that can be added to it. When you use centralized services to access it you waiver this privilage of censorship resistance.
October 29, 2018, 12:35:05 AM
bitcoin being censorship resistant means no matter who you are and no matter where you are coming from the network will not prioritize or reject your transaction.
Yes, Bitcoin on it's own might be censorship resistant, but the moment when you use centralized services to access and use it, you lose that privilege.
Taking people who live in New York as one of the more obvious examples, anyone there can use the Bitcoin network itself totally unhindered to send and receive bitcoin transactions to anyone in the world. But as soon as they try to register for third party services, they may find they can't do that in some cases. Many businesses are now blacklisting New York residents over regulatory concerns. These people, through no fault of their own, are now restricted in their options of the companies and retailers they can do business with. The result becomes a payment network where you can't necessarily send payments to everyone you might want to. It's a tricky one.
New York has some shady history with regulation, since the introduction of the BitLicense. It is obvious that the regulators in New York wants to place a barrier to entry for Bitcoin use and they want to make it difficult for Bitcoin to survive.
The small minority of filthy rich people wants to eliminate the threat to their little empire. < Banks / Stock exchanges etc. > People just need to go back to the basics and that is to use the technology without all these centralized
October 28, 2018, 08:14:53 AM
bitcoin being censorship resistant means no matter who you are and no matter where you are coming from the network will not prioritize or reject your transaction.
Yes, Bitcoin on it's own might be censorship resistant, but the moment when you use centralized services to access and use it, you lose that privilege.
Taking people who live in New York as one of the more obvious examples, anyone there can use the Bitcoin network itself totally unhindered to send and receive bitcoin transactions to anyone in the world. But as soon as they try to register for third party services, they may find they can't do that in some cases. Many businesses are now blacklisting New York residents over regulatory concerns. These people, through no fault of their own, are now restricted in their options of the companies and retailers they can do business with. The result becomes a payment network where you can't necessarily send payments to everyone you might want to. It's a tricky one.
October 28, 2018, 02:20:21 AM
bitcoin being censorship resistant means no matter who you are and no matter where you are coming from the network will not prioritize or reject your transaction. it will handle all transactions as long as they are valid. or when you have "money" in your bitcoin wallet nobody can touch it, because it belongs to you.
and nobody can change that.
in comparison Paypal doesn't have that because if you are from certain countries you can't use it. or if you have "money" in your Paypal account they can close it and use your money for themselves.
if you have specific case of censorship in mind regarding this then try mentioning that!
and nobody can change that.
in comparison Paypal doesn't have that because if you are from certain countries you can't use it. or if you have "money" in your Paypal account they can close it and use your money for themselves.
if you have specific case of censorship in mind regarding this then try mentioning that!
I think he is talking about the third party software and also second layer applications that are added to Bitcoin lately. Yes, Bitcoin on it's own might be censorship resistant, but the moment when you use centralized services to access and use it, you lose that privilege.
Fortunately this is not Bitcoin's fault when people opt to use these services. They make a active decision to sacrifice their financial freedom and the privilege to use a censorship resistant payment network.
October 28, 2018, 01:16:07 AM
That is the neutrality of the bitcoin technology, that handles each transaction similarly irrespective of amount, or origin of traders.
But with increased regulations in some countries, there would be cases of violations of rules, with bodies set up to handle such cases, and in places like the US and Canada task transactions.
bitcoin being censorship resistant means no matter who you are and no matter where you are coming from the network will not prioritize or reject your transaction. it will handle all transactions as long as they are valid. or when you have "money" in your bitcoin wallet nobody can touch it, because it belongs to you.
and nobody can change that.
and nobody can change that.
But with increased regulations in some countries, there would be cases of violations of rules, with bodies set up to handle such cases, and in places like the US and Canada task transactions.
October 27, 2018, 11:13:43 PM
bitcoin being censorship resistant means no matter who you are and no matter where you are coming from the network will not prioritize or reject your transaction. it will handle all transactions as long as they are valid. or when you have "money" in your bitcoin wallet nobody can touch it, because it belongs to you.
and nobody can change that.
in comparison Paypal doesn't have that because if you are from certain countries you can't use it. or if you have "money" in your Paypal account they can close it and use your money for themselves.
if you have specific case of censorship in mind regarding this then try mentioning that!
and nobody can change that.
in comparison Paypal doesn't have that because if you are from certain countries you can't use it. or if you have "money" in your Paypal account they can close it and use your money for themselves.
if you have specific case of censorship in mind regarding this then try mentioning that!
October 27, 2018, 03:20:09 AM
Censorship resistance, but then an additive layer of value/hierarchy/appropriation being censored is toxic. Prove me wrong. Even if its not a complete idea or just a partial suggestion it is something to build on. How can blockchain be incorporated to defend from this or has bitcoin already done this. If it has, how do you balance the additive layer and allow it generate properly.
All levels of posters welcome.
All levels of posters welcome.
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