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: "your blockchain should come with built in censorship" (basically)

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3) First, it means that we have blocklists and not allowlists for illicit financial activity. We need fast, reliable lists of addresses associated with illicit finance. But peer to peer transfers should generally be free as long as they're not going to sanctioned actors.

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Nope, I *don’t* think validators should, please read the post. As is already the case, it’s illegal to knowingly and actively transact with a sanctioned party

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"Nope" ... but ... "First, it means that we have blocklists and not allowlists for illicit financial activity." "Illicit financial activity" is made up rules by bureaucrats. Today "illicit financial activity" means not sending bitcoin to a russian. What does it mean tomorrow?

SBF

@SBF_FTX

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@lylepratt

to be clear, 'allowlists' would mean 'everything requires permission' it would disable economic freedom that's what the real danger is

10:00 PM · Oct 19, 2022Twitter Web App

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A few months ago some truckers in Canada got on a "blocklist". Was that economic freedom? How long until you're on a blocklist for not kowtowing quite enough for a new politician in charge? Thank God we have bitcoin and proof of work.