Taking a deep dive into Libra's whitepaper, @lawrencehwhite1 finds himself in murky waters: https://www.alt-m.org/2019/07/02/libras-unresolved-puzzles/ … @DiegoZuluagaL @norbertjmichel @WilliamJLuther @NickSzabo4 @jp_koning @jerrybrito @saifedean
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I should think this would be so only if censorship avoidance is indeed a particularly widespread, if not universal, consumer preference.
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Of course you are right that a digital currency cannot survive if gov'ts determine to wipe it out, and can do so.
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There are various kinds & degrees of determination and motivation, and ability, the latter depending on the kinds & degrees of censorship resistance. Here's but the latest example; it took only a few days for lobbyists and politicians to get on the casehttps://twitter.com/brucefenton/status/1146184692229693446 …
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But unless consumers favor a digital currency, governments need never bother to try and destroy it.
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Financial censorship has a way of creating some very strong such preferences.
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