The ability to hold and transfer Bitcoin without the need for a trusted third party makes it censorshipresistant from "summary" of The Bitcoin Standard by Saifedean Ammous
Bitcoin's ability to be held and transferred without relying on a trusted third party is what makes it censorship-resistant. This means that no one can prevent you from holding or transferring your Bitcoin, as long as you have access to the network. This is in stark contrast to traditional forms of money, where transactions can be censored or blocked by governments or financial institutions. Censorship-resistance is a crucial feature of Bitcoin, as it ensures that the network remains open and accessible to anyone who wants to use it. This is especially important in countries where governments have a history of censoring financial transactions or imposing capital controls. With Bitcoin, individuals can bypass these r...
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