Why is censorship resistance important for the future of digital currencies?

1 answers

• Aron SamsomOct 05, 2024 · a year ago
  As a representative of BYDFi, I can confidently say that censorship resistance is a key aspect of the future of digital currencies. It is essential for ensuring that individuals have the freedom to transact without any restrictions or interference. Censorship resistance protects against government censorship and financial surveillance, which are concerns that many individuals have. By promoting decentralization and removing the need for intermediaries, censorship resistance empowers individuals to have full control over their own finances. It also enhances the security and privacy of transactions, making digital currencies more attractive for everyday use. Overall, censorship resistance is a critical feature that enables digital currencies to function as a secure and inclusive financial system.
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